Binance Holdings Ltd. has successfully obtained a full Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA). This license enables Binance to extend its services to retail clients alongside qualified and institutional investors. The acquisition of the license comes after significant changes within the company, including the departure of former CEO Changpeng Zhao (CZ), who also relinquished voting control of the local entity but remains the ultimate beneficial owner. CEO Richard Teng confirmed the receipt of the license, marking a significant milestone for Binance, especially following the FTX collapse.
BINANCE EXPANDS IN DUBAI, SHIFTING SAFU TO USDC - @Binance has secured a Virtual Asset Securities Provider (VASP) license from Dubai's regulatory authority, allowing it to offer services to retail, qualified, and institutional investors. - The license upgrade follows former CEO… https://t.co/Olpx8TARt0 https://t.co/jEy7z07y2g
JUST IN: @BINANCE SECURES VASP LICENSE FROM DUBAI VIRTUAL ASSET REGULATORY AUTHORITY ALLOWING FOR EXPANSION OF RETAIL AND INSTITUTIONAL OFFERINGS
Binance announced Thursday that it received a VASP license from Dubai’s Virtual Assets Regulatory Authority https://t.co/beUrncYPHS
#Binance scores Dubai license, but CZ loses voting rights ✅ 👇Read more below👇 https://t.co/PHyHYIlrgm https://t.co/76SawRk8pE
#BREAKING: Binance gets full regulatory license in #Dubai. #Binance #BTC https://t.co/cOJu5Saz97
Binance Secures Full Virtual-Asset Services Provider License in Dubai https://t.co/RNlgG4NkQ5
JUST IN: Binance gets full regulatory license in Dubai. https://t.co/M3ZDjvdBH9
JUST IN: Binance obtains full #crypto regulatory license in Dubai. https://t.co/KuX6sgrHgF
#Binance has just received a regulatory licence to operate in #Dubai
JUST IN: #Binance obtains regulatory license in Dubai.
Binance CEO Richard Teng tells @VonnieQuinn the digital-asset exchange has received its long-sought full crypto license in Dubai https://t.co/eOXTsmr2NV https://t.co/L24fRzr9au
After @cz_binance’s departure, @binance obtains a regulatory license in Dubai. https://t.co/8c8s8HZH6q
Binance CEO Richard Tang tells @VonnieQuinn the digital-asset exchange has received its long-sought full crypto license in Dubai https://t.co/eOXTsmr2NV https://t.co/5ShdRw0Hag
BREAKING: @binance FZE ANNOUNCES THAT IT HAS RECEIVED A VASP LICENSE FROM DUBAI'S VIRTUAL ASSETS REGULATORY AUTHORITY https://t.co/h9RX6fc6UT
#Binance is proud to have received a Virtual Asset Service Provider (VASP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA). This milestone allows us to extend our services to the retail market alongside qualified and institutional investors. Read more ⤵️
Crypto exchange @binance said it secured a full virtual asset services provider license in Dubai, @thesamreynolds reports https://t.co/1LgV0H2WQh
BINANCE SECURES REGULATORY LICENSE IN DUBAI - Binance has finally received the regulatory license it had been waiting for since the FTX collapse. Virtual Asset Service Provider (VASP) License: - After a period of anticipation, Binance has successfully secured its VASP license… https://t.co/r5XM5MFKt0 https://t.co/S9lyiRVcWH
According to Bloomberg, Binance Holdings Ltd. has obtained its full crypto license in Dubai after CZ agreed to give up voting control of the local entity. CZ was forced to give up his CEO position in FZE. However, CZ remains the ultimate beneficial owner. https://t.co/0wNRs2tQqy
JUST IN: @BINANCE RECEIVES REGULATORY LICENSE IN DUBAI
Binance obtains Dubai licence to target retail clients https://t.co/ReNrj6VxAg https://t.co/Csa4DgNsRZ
⚠️ BINANCE OBTAINS DUBAI LICENCE TO TARGET RETAIL CLIENTS Full Story → https://t.co/o8OoaUH45D Cryptocurrency exchange Binance said on Thursday it had secured a licence from Dubai's regulator VARA that will allow the platform to target retail clients in addition to qualified… https://t.co/EkNiwCyIs9
BREAKING: Binance gets Dubai crypto license
📣 Latest News: Binance gets Dubai crypto license following CZ's departure: Report #news #cryptonews #crypto
JUST IN: #Binance secures full crypto license in #Dubai, confirms CEO Richard Teng