BlockBeats News, December 8th, according to an official announcement, Binance has obtained full regulatory authorization from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). Binance’s operations will transition to a new regulatory framework. Starting from 16:00 on January 5, 2026 (UTC+8), Binance’s services will be provided through three ADGM-licensed entities, with each entity playing a specific role based on its regulatory permissions:
Nest Exchange Services Limited: Acting as a “Recognized Investment Exchange Platform (authorized to operate a multilateral trading facility)” — responsible for all exchange-related activities, including spot and derivatives trading.
Nest Clearing and Custody Limited: Acting as a “Recognized Clearing House (authorized to provide custody services),” responsible for clearing and settlement — serving as the central counterparty for the exchange platform’s derivative trades and safeguarding users’ digital asset security.
Nest Trading Limited: Acting as a “Broker Dealer” — responsible for over-the-counter trading activities and proprietary services (e.g., OTC trading, instant swaps, and wealth management).
Prior to this, all Binance services were mainly provided by Nest Services Limited (which will be renamed “Nest Exchange Limited” after obtaining the license). Starting from January 5, 2026, these Binance services will be provided by Nest Exchange Services Limited, Nest Clearing and Custody Limited, and Nest Trading Limited.
