Binance Wins Three ADGM Licenses as Abu Dhabi Sets Crypto Rule Benchmark

• Abu Dhabi built crypto rules early, giving exchanges clarity as global regulation slowly evolved.
• UAE leads global crypto adoption with over 30% of its population participating.
• Binance gained three new Abu Dhabi licences, strengthening its regulated trading and custody operations.

Abu Dhabi’s early decision to regulate digital assets is now influencing global policy debates, Binance Co-CEO Richard Teng said during a fireside chat at Abu Dhabi Finance Week (ADFW). The UAE has the highest crypto adoption rate in the world at over 30%, according to estimates from stablecoin provider Triple-A.

The ‘First Mover’ Regulatory Advantage

Teng said that the Emirate began drafting crypto rules before many major economies acknowledged the sector, giving firms a rare level of clarity in the industry’s early stages. Crypto trading was once dominated by individual buyers, …

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