Here’s what happened: 1. Binance's global operations entity has officially relocated to Abu Dhabi. 2. The main entity of Binance has changed from the original Nest Services Limited to being operated by Nest Exchange Services Limited, Nest Clearing and Custody Limited, and Nest Trading Limited. 3. The company’s global operations will now function under Abu Dhabi’s official ADGM framework. 4. The platform will update its Terms of Use and Privacy Notice to ensure compliance with the new ADGM framework. 5. Users' open contract positions on the platform will also be transferred to the new Nest Clearing and Custody Limited for custody. In other words, the platform structure has undergone a major transformation this time.