PANews reported on December 8th that Binance announced it has received full regulatory authorization from the Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority (FSRA), and will operate its global platform under a comprehensive and internationally recognized regulatory framework. In accordance with ADGM FSRA requirements, Binance's operations will be transferred to the new regulatory structure, designed to enhance the platform's transparency, oversight, and risk management. From 16:00 (UTC+8) on January 6, 2026, Binance services will be offered through three ADGM-licensed entities, each playing a specific role based on its granted regulatory authority.
To align with the new regulatory framework, Binance is updating its agreements with users. Previously, all Binance services were primarily provided by Nest Services Limited (which will be renamed "Nest Exchange Limited" upon licensing). Effective January 5, 2026, these services will be provided by Nest Exchange Services Limited, Nest Clearing and Custody Limited, and Nest Trading Limited. From 16:00 (UTC+8) on January 5, 2026, each ADGM-regulated entity will act as the data controller for the services it provides. As part of this transition, Binance is updating its Terms of Use and Privacy Notice. The updated documents will take effect on January 5, 2026, replacing the current version. From January 5, 2026, open positions in derivatives trades conducted by users on the trading platform will be "transferred" to Nest Clearing and Custody Limited for clearing. Nest Clearing and Custody Limited will also act as a central counterparty and custodian of users' digital assets.

