Licenses, Registrations and Other Legal Matters
LICENSES AND REGISTRATIONS
The Binance Group is committed to working closely and collaboratively with regulators from around the world. The Binance Group currently holds the following regulatory licenses, registrations, authorisations and approvals:
Global
Abu Dhabi Global Markets (ADGM) (Note: the Binance ADGM regulated entities are not yet live; operational go live is set for 5 January 2026)
Binance’s global platform, Binance.com, is now regulated by the ADGM Financial Services Regulatory Authority (FSRA) via three separate licensed entities:
● Nest Services Limited (soon to be renamed Nest Exchange Limited) is recognised as a Recognised Investment Exchange (Derivatives), with a stipulation for Operating a Multilateral Trading Facility for Virtual Assets and Fiat-Referenced Tokens.
● Nest Clearing and Custody Limited (formerly known as Binance (AD) Limited), is recognised as a Recognised Clearing House (Derivatives), with a stipulation for Providing Custody and operating a Central Securities Depository.
● BCI Limited (soon to be renamed Nest Trading Limited), holds a Financial Services Permission to provide various Regulated Activities, including Dealing in Investments as Principal, Dealing in Investments as Agent, Arranging Deals in Investments, Managing Assets, Providing Money Services, and Arranging Custody.
Europe
● France
Binance France SAS has been granted registration as a Digital Asset Service Provider (DASP) by the Autorité des Marchés Financiers (AMF) (registration number E2022-037). Binance France SAS can provide the following regulated services in France: digital assets custody; purchase/sale of digital assets for legal tender; exchange of digital assets for other digital assets; and operation of a trading platform for digital assets.
● Italy
Binance Italy S.R.L. has been granted a Digital Asset Service Provider (DASP) registration by the Organismo Agenti e Mediatori (OAM) (registration number PSV5). The registration enables Binance Italy S.R.L. to provide crypto asset exchange and custody services.
● Spain
Binance Spain, S.L. has been granted registration as a Virtual Asset Services Provider by the Bank of Spain (registration number D661). The registration enables Binance Spain, S.L. to provide crypto asset exchange and custody services.
● Poland
Binance Poland Spółka z Ograniczoną Odpowiedzialnością has been granted Virtual Asset
Service Provider (VASP) registration by the Polish Tax Administration Chamber of Poland in Katowice (registration number RDWW – 465). The registration enables the company to provide crypto asset exchange and custody services.
● Sweden
Binance Nordics AB has been granted registration as a Financial Institution for management and trading in virtual currency by the Swedish Financial Supervisory Authority (registration number 66822). The registration enables the company to provide a comprehensive range of products, including (amongst others) spot trading, OTC convert, custody, staking, savings, card and pay services.
Commonwealth of Independent States
● Kazakhstan - Astana International Financial Centre (AIFC)
BN KZ Technologies Limited has been granted Digital Asset Trading Facility Operator;
Providing Custody; and Dealing in Investments as Principal licenses by the Astana Financial Services Authority (AFSA). These licenses allow to offer a wide range of crypto related services in a fully regulatory environment in the Astana International Financial Centre (AIFC).
Middle East
● Bahrain
Binance Bahrain BSC(c) has been granted a Category 4 licence as a Crypto-Asset Service Provider (CASP) by the Central Bank of Bahrain. The licence enables Binance Bahrain BSC(c) to operate as a crypto-asset exchange and custody services provider.
BPay Global BSC(c) has been granted a Category 5, Type 7 license as an Ancillary Services Provider by the Central Bank of Bahrain. This license enables BPay Global BSC(c) to operate as a Payment Service Provider.
● Dubai
Binance FZE has been granted a Virtual Asset Service Provider (VASP) Licence by the Dubai
Virtual Asset Regulatory Authority (VARA). The VASP Licence enables Binance FZE to offer Broker-Dealer Services, Exchange Services (including VA Derivatives Trading), Management and Investment Services and Lending and Borrowing Services.
Asia-Pacific
● Australia
InvestbyBit Pty Ltd (ABN 98 621 652 579) (trading as “Binance Australia”) has been granted a Digital Currency Exchange (DCE) provider registration by the Australian Transaction Reports and Analysis Centre (AUSTRAC) (registration number 100576141-001). The registration enables InvestbyBit Pty Ltd to provide digital currency exchange services.
● India
Nest Exchange Limited (formerly known as Nest Services Limited) is registered as an offshore reporting entity with the Financial Intelligence Unit in India.
● Indonesia
PT. ASET DIGITAL BERKAT (trading as Tokocrypto) has obtained a Physical Crypto Asset
Trader (PFAK) license from the Bappebti (No. 001/BAPPEBTI/CP-AK/11/2019) on 6
September 2024. Previously, Tokocrypto was registered as a Prospective Physical Trader of Crypto Assets (CPFAK) since 21 November 2019 and underwent an intensive licensing process to meet all the requirements set by the Bappebti. The PFAK license provides Tokocrypto with full legal authority to operate as a physical crypto asset trader in Indonesia.
● Japan
Binance Japan Inc. is regulated in Japan by the Japan Financial Services Agency (JFSA) as a Crypto Asset Exchange Service Provider with Registration Number: Kanto Local Finance Bureau 00031.
● New Zealand
Investbybit Limited (trading as Binance New Zealand) is registered on the New Zealand register of financial service providers (FSP1003864). The registration enables Binance New Zealand to provide the following financial services in New Zealand: (i) use fiat currency to purchase virtual assets; (ii) trade virtual assets; (iii) use fiat or virtual currencies to buy or sell NFTs (non-fungible tokens); and (iv) invest in virtual assets.
Investbybit Limited is not licensed by a New Zealand regulator to provide these financial services. Investbybit Limited's registration on the New Zealand register of financial service providers or membership of the Insurance & Financial Services Ombudsman Scheme does not mean that Investbybit Limited is subject to active regulation or oversight by a New Zealand regulator.
● Thailand
Gulf Binance Co., Ltd., (“Gulf Binance”), has been granted digital asset operator licenses by the Thailand Ministry of Finance through the Securities and Exchange Commission in Thailand. Gulf Binance is a joint venture between Binance and Gulf Edge Co., Ltd. following a 2022 agreement between the two organizations to set up a digital asset exchange in Thailand. Having secured these licenses, Gulf Binance operates as a digital asset exchange and digital asset broker.
Americas
● Mexico
Bmex Techfin, S. de R.L. de C.V. has been granted a Vulnerable Activity registration by the Tax Administration Service (SAT). This registration allows Binance to provide virtual assets services in Mexico and comply with the requirements of SAT’s anti-money laundering and counter terrorist financing (AML/TF) regulation applicable to virtual assets service providers.
Programas de Relacionamiento Medá S.A.P.I. de C.V., Institución de Fondos de Pago
Electrónico (Electronic Payment Funds Institution) is an entity of the Binance corporate group, authorized, regulated, and supervised by the Mexican financial authorities to operate electronic payment fund accounts and process deposits, transfers, and withdrawals of Mexican pesos. Medá is operated by an independent vertical dedicated to promoting financial technology services for Binance in Latin America.
● El Salvador
Binance Services Latinoamérica S.A. de C.V. has been granted a Digital Asset Services Provider
(DASP) license, by the Comisión Nacional De Activos Digitales (CNAD), (registration number
PSDA/001-2003) and the Bitcoin Services Provider (BSP) license, by Banco Central de Reserva
(BCR), (registration number 648c5c0751164005aa47d43a) licenses. Binance El Salvador S.A. de C.V. can provide the following regulated services in El Salvador: digital assets custody; purchase/sale of digital assets and its derivatives for legal tender; promote, structure, and manage all types of investment products in digital assets; exchange of digital assets for other digital assets; perform risk and price analysis on digital assets; and operate a trading platform for digital assets.
● Argentina
Binance Services Latinoamérica S.A. de C.V. is a Virtual Asset Service Provider (VASP) registered under number 76 on September 11, 2024, with the Virtual Asset Service Provider Registry of the National Securities Commission (Comision Nacional de Valores - CNV) for local users in Argentina.
● Brazil
Simpaul Corretora de Cambio e Valores Mobiliários S.A. is a Brazilian securities brokerage company with a license to issue electronic money and distribute securities in the Brazilian market, enabling Binance to offer payment solutions to local users and additional services once the regulation on VASPs and other topics are done.
Africa
● South Africa
Binance RSA offers Crypto Products and Services (excluding Crypto Futures and Options) to users in South Africa under exemption in terms of the Financial Services Conduct Authority Financial Advisory and Intermediary Services (FAIS) Notice 25 of 2023, read with sections 7(1) and 44(4) of the FAIS Act.
Binance Bahrain BSC offers Crypto Futures and Options to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa.