launch

Important Note: Binance confirms that, effective from 2026-01-05 10:00 (UTC), Nest Exchange Limited, Nest Clearing and Custody Limited and Nest Trading Limited are now operating under the supervision of the ADGM FSRA. This marks the official transition of the Binance global platform to the ADGM regulatory framework. From 2026-01-05 10:00 (UTC) onwards, the new Terms of Use and all of the changes described in the announcement below apply.
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Further to our prior announcement regarding our transition to a new ADGM-regulated structure, we confirm that these changes are now effective and apply to your use of the platform from 2026-01-05 08:00 (UTC).
These updates implement the regulatory, contractual, clearing, and custody changes previously described and re-stated below and are designed to provide greater clarity, oversight, and risk management across our operations.
For reference, users may review the prior advance notice announcement dated 2025-12-08.
1. New ADGM Regulatory Structure
From 2026-01-05, services on the platform are provided through three ADGM-licensed entities, each operating in accordance with its regulatory permissions:
Nest Exchange Limited (formerly known as Nest Services Limited): Recognized Investment Exchange, with a stipulation to operate a Multilateral Trading Facility, responsible for all exchange activities, including spot and derivatives trading.Nest Clearing and Custody Limited (formerly known as Binance (AD) Limited): Recognised Clearing House, with a stipulation to provide custody, responsible for clearing and settlement, acting as the central counterparty for on-exchange derivatives trades, and safeguarding user digital assets.Nest Trading Limited (formerly known as BCI Limited): Broker-Dealer, responsible for off-exchange activities and principal-based services (e.g., OTC trading, Convert, Earn).
This structure mirrors established financial market infrastructures, with clear separation of responsibilities and strengthened risk controls.
2. Changes to Service Providers
To align with this structure, our contractual arrangements with users have now been updated.
Historically, services were mainly provided by Nest Exchange Limited. From 2026-01-05 onwards, services are provided by Nest Exchange Limited, Nest Clearing and Custody Limited, and Nest Trading Limited.
The rights and obligations under the existing Terms of Use have now been novated to the relevant ADGM entities. This means that your contractual relationship now continues with the ADGM-regulated entities in respect of the services that they each provide.
The product-specific terms, which have also been updated, now identify the service provider responsible for each product under the new structure.
3. Changes to Data Controllers
From the launch date, each ADGM-regulated entity acts as a separate data controller for the services that it provides.
Please refer to our dedicated Privacy FAQs for further information.
4. Updated Terms of Use and Privacy Notice
As part of this transition, our Terms of Use, Privacy Notice, and related legal documentation have been updated and are now in effect, replacing the previous versions.
Terms of UsePrivacy NoticeProduct Terms
You confirm your agreement to the updated Terms of Use by clicking the confirmation button presented in your account upon login. Continued use of the services from today also constitutes acceptance of these changes.
5. Clearing and Custody Arrangements
At 2026-01-05 08:00 (UTC), users’ open positions for on-exchange derivative transactions are “given up" for clearing to Nest Clearing and Custody Limited, which acts as the central counterparty. Nest Clearing and Custody Limited also acts as the custodian of user digital assets, subject to limited exceptions described below.
The following assets will continue to be held by Nest Exchange Limited:
User assets frozen at the direction of authorities pursuant to court or agency freezing orders issued prior to 2026-01-05 08:00 (UTC) will remain held under Nest Exchange Limited.Assets of Canadian-resident users whose accounts have been placed in withdrawal-only mode will also continue to be held under Nest Exchange Limited until further notice.
These exceptions do not otherwise affect the validity of the clearing or custody arrangements described above.
6. How These Changes Affect Users
These changes relate to Binance’s regulatory and legal structuring and are not intended to alter the way that users interact with the platform.
Users will continue to access their account using their existing UID and login credentials.Users' balances, order history, and trading functionality remain unaffected.Products and services remain available, except that they may now be provided by different regulated service providers under the new structure.Users' existing orders and positions will remain open and materially unchanged, except that they may be transferred to the relevant regulated service provider where applicable.
For further details, please refer to our dedicated FAQ page.
Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2026-01-05