Cryptocurrency exchange Binance has withdrawn its license application with Abu Dhabi’s financial regulator, the Financial Services Regulatory Authority (FSRA).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 Binance has recently withdrawn from licensing processes in Germany and Cyprus, exited the Netherlands, and continues to navigate regulatory challenges in various jurisdictions and expresses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)
Related
Japan Prepares for Bitcoin ETFs with SBI and Franklin Templeton Partnership
SFC Alerts Public to Unlicensed Virtual Asset Trading Platform CoinUnited.io
Protected: Quantum Crypto Updates 5 | July 2024
Revolut Secures UK Banking License, Poised to Expand Services
Bank of Ghana and Monetary Authority of Singapore Successfully Demonstrate E-Cedi in Cross-Border Transactions