Binance gets regulatory victory in DubaiDubai has granted Binance’s Dubai entity, Binance FZE, a full Virtual Asset Service Provider (VASP) license.
This licensing allows Binance to expand its operations in Dubai, catering to both retail and institutional investors with a variety of virtual asset services including spot trading, margin trading, and staking.
The license is a significant step in strengthening Binance’s presence in the UAE and highlights Dubai’s progressive stance on blockchain technology and cryptocurrency regulation.