Did Binance just make Abu Dhabi its global HQ? ‘Feels a bit old-fashioned’

A version of this story appeared in our The Guidance newsletter on December 8. Sign up here. Hey all, Liam here. On Sunday, Binance announced that its global business had received approval to operate in Abu Dhabi. The Financial Services Regulatory Authority of Abu Dhabi licensed three of the companies’ entities, Binance said in a statement. They are an exchange, a clearing house, and a broker-dealer — pretty much everything you’d need for spot and derivatives trading, custody, and over-the-counter servi ...