#Binance became the first global exchange to receive a license from the Financial Services Regulatory Authority (#FSRA ) in the jurisdiction of the Abu Dhabi Global Market (#ADGM ).

As stated by the company, the license allows Binance to use the ADGM infrastructure to provide services in the global market within a globally recognized regulatory framework.

ADGM is a major financial center with close ties in Europe, Asia, and the Middle East, as well as having its strict oversight standards, a forward-looking approach to regulating digital assets, and transparency.

The FSRA regulatory framework is recognized as one of the strictest yet progressive. ADGM is a member of the International Organization of Securities Commissions (IOSCO), making its license a kind of "passport" for operating in international markets.

Binance emphasizes that licensing in ADGM confirms the company's commitment to transparency, security, and user protection.