Cryptocurrency exchange Binance has withdrawn its license application with Abu Dhabi’s financial regulator, the Financial Services Regulatory Authority (FSRA). The decision is part of Binance’s global licensing reassessment and is unrelated to the recent $4.3 billion U.S. settlement. Binance has recently withdrawn from licensing processes in Germany and Cyprus, exited the Netherlands, and continues to navigate regulatory challenges in various jurisdictions and expresses commitment to working with regulators in the Middle East. (Source: Bitcoin.com)
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