**[Binance Announces Full Regulatory License from Abu Dhabi Global Market Financial Services Regulatory Authority]** According to Golden Finance, Binance has announced that it has obtained a full regulatory license from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). Its global platform will officially operate under ADGM's international regulatory framework. In compliance with regulatory requirements, the platform's operations will transition to a new three-entity structure to enhance transparency, oversight mechanisms, and risk management. Starting January 6, 2026, Binance's services will be undertaken by three ADGM-licensed entities: - **Nest Exchange Services Limited**: Responsible for platform operations, including spot and derivatives trading. - **Nest Clearing and Custody Limited**: Responsible for clearing and custody, acting as the central counterparty for derivatives trading. - **Nest Trading Limited**: Provides over-the-counter (OTC) trading, instant swaps, and certain wealth management services. This structure aligns with traditional financial regulatory models, strengthening platform risk segregation and user asset protection through the separation of matching, clearing, and custody functions. In conjunction with the structural adjustments, Binance will update its user agreement. Starting January 5, 2026, users' rights and obligations under the original Terms of Use will automatically be assumed by the corresponding ADGM entities, and product-related terms will also be adjusted accordingly. The official statement emphasized that the transition will not affect users' daily activities: UID, balances, order history, and available products will remain unchanged. Open derivative positions will be transferred to **Nest Clearing and Custody Limited** for clearing and custody.