Summary
Binance’s local unit, Binance FZE, obtained an Operational MVP license in mid-2023, allowing it to serve institutional investors and qualified investors with broker-dealer services and virtual-asset derivatives trading.
Key Points
1. Binance’s local unit, Binance FZE, obtained an Operational MVP license in mid-2023.
2. The license allows Binance FZE to serve institutional investors and qualified investors, as well as engage in broker-dealer services and exchange services.
3. This includes the ability to offer virtual-asset derivatives trading to clients.