Binance Receives First Global License from FSRA, Strengthening Dominance in Crypto Market?

Jakarta, Pintu News – Binance, the world’s largest cryptocurrency exchange, recently reached a significant milestone by obtaining three licenses at once from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi Global Market (ADGM). This strategic move not only cements Binance’s position as a market leader but also opens up wider expansion opportunities in the global arena.

Binance Achieves Three Licenses from FSRA

Binance has successfully obtained three different licenses from the FSRA, marking a major milestone in the cryptocurrency industry. These licenses cover various operational aspects that will allow Binance to scale its services globally. With these licenses, Binance can offer more diversified products and services to its users around the world.

The license obtained covers exchange operations, custodians, and other related services. This ensures that Binance adheres to strict regulatory standards, increasing user and investor confidence. This success also demonstrates Binance’s commitment to complying with local and international regulations, which is crucial in this dynamic industry.

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ADGM: A Globally Recognized Regulatory Framework

The regulatory framework offered by ADGM is known for being strict and comprehensive, making it one of the most respected in the world. By securing a license from ADGM, Binance is demonstrating its capability to meet the high standards set by global regulators. It also marks a major step in Binance’s efforts to expand its reach in the global market.

The ADGM is renowned for its innovative and progressive approach to financial market regulation, including the cryptocurrency sector. By operating under this framework, Binance can offer safer and more reliable services to its users, while strengthening their position as a market leader.

Binance Global Expansion

With this new license, Binance is in a stronger position to expand its operations into various new markets. This opens the door for more users around the world to access Binance’s services, which include trading various cryptocurrencies and other financial services.

This expansion is expected to increase the trading volume and usage of the Binance platform globally. In addition, with strong regulatory support, Binance can more easily collaborate with other financial institutions and expand its partnership network. This will not only increase user trust and security but will also help Binance in facing the increasingly fierce competition in the cryptocurrency industry.

Conclusion

With this achievement, Binance has not only strengthened its position as a market leader but also set new standards in compliance and security in the cryptocurrency industry. Going forward, Binance is expected to continue to innovate and expand its reach, taking the industry to new heights.

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FAQ

Q1: What is Binance?

A1: Binance is the world’s largest cryptocurrency exchange offering a wide range of services including cryptocurrency trading, custody and other financial services.

Q2: What is Abu Dhabi Global Market (ADGM)?

A2: Abu Dhabi Global Market (ADGM) is an international financial center located in Abu Dhabi, offering a strict and globally respected regulatory framework, particularly within the financial and cryptocurrency sectors.

Q3: What are the benefits of Binance obtaining a license from FSRA?

A3: With a license from FSRA, Binance can increase user trust and security, comply with international regulations, and expand its range of services globally.

Q4: How will this license affect Binance users?

A4: This license allows Binance to offer more secure and diversified products and services, increasing trust and security for its users around the world.

Q5: What is the impact of Binance’s global expansion?

A5: Binance’s global expansion is expected to increase trading volume and platform usage, and strengthen Binance’s position as a cryptocurrency market leader.

Reference

• U.Today. Binance Becomes First Crypto Exchange to Secure Global Licenses from FSRA. Accessed on December 9, 2025