**[Binance Global Operations to Transition to Abu Dhabi Global Market, Service Providers Updated]** BlockBeats News, December 8, according to an official announcement, Binance has obtained full regulatory authorization from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). Binance's operations will transition to a new regulatory framework starting from January 5, 2026, at 16:00 (GMT+8). Binance services will be provided through three entities licensed by ADGM, each playing a specific role based on their regulatory permissions: - **Nest Exchange Services Limited**: As a "Recognized Investment Exchange (licensed to operate a Multilateral Trading Facility)"—responsible for all activities related to the trading platform, including spot and derivatives trading. - **Nest Clearing and Custody Limited**: As a "Recognized Clearing House (licensed to provide custody services)"—responsible for clearing and settlement, acting as the central counterparty for derivatives trading on the platform, and ensuring the security of users' digital assets. - **Nest Trading Limited**: As a "Broker Dealer"—responsible for over-the-counter (OTC) trading activities and proprietary services (e.g., OTC trading, instant exchange, and financial management). Previously, all Binance services were primarily provided by Nest Services Limited (which will be renamed "Nest Exchange Limited" after obtaining the license). Starting January 5, 2026, these Binance services will be provided by Nest Exchange Services Limited, Nest Clearing and Custody Limited, and Nest Trading Limited.