Licenses, Registrations and Other Legal Matters
LICENSES AND REGISTRATIONS
Binance is committed to working closely and collaboratively with regulators from around the world. Binance currently holds the following regulatory licenses, registrations, authorisations and approvals:
Binance France SAS has been granted registration as a Digital Asset Service Provider (DASP) by the Autorité des Marchés Financiers (AMF) (registration number E2022-037). Binance France SAS can provide the following regulated services in France: digital assets custody; purchase/sale of digital assets for legal tender; exchange of digital assets for other digital assets; and operation of a trading platform for digital assets.
Binance Italy S.R.L. has been granted a Digital Asset Service Provider (DASP) registration by the Organismo Agenti e Mediatori (OAM) (registration number PSV5). The registration enables Binance Italy S.R.L. to provide crypto asset exchange and custody services.
Bifinity UAB (formerly called Binance UAB) has been granted a Virtual Asset Service Provider (VASP) registration by the Registry of Legal Entities of the Republic of Lithuania and local Financial Intelligence Unit (FIU) (registration number 305595206). The registration enables Bifinity UAB to provide crypto asset exchange and custody services.
Binance Spain, S.L. (Binance’s Spanish subsidiary) has been granted registration as a Virtual Asset Services Provider by the Bank of Spain (registration number D661). The registration enables Binance Spain, S.L. to provide crypto asset exchange and custody services.
Binance Poland Spółka z Ograniczoną Odpowiedzialnością has been granted Virtual Asset Service Provider (VASP) registration by the Polish Tax Administration Chamber of Poland in Katowice (registration number RDWW – 465). The registration enables the company to provide crypto asset exchange and custody services.
Binance Nordics AB has been granted registration as a Financial Institution for management and trading in virtual currency by the Swedish Financial Supervisory Authority (registration number 66822). The registration enables the company to provide a comprehensive range of products, including (amongst others) spot trading, OTC convert, custody, staking, savings, card and pay services.
Commonwealth of Independent States
Kazakhstan - Astana International Financial Centre (AIFC)
BN KZ Technologies Limited has been granted a license by the Astana Financial Services Authority (AFSA) to operate a digital asset platform and provide custody services in the Astana International Financial Centre (AIFC).
Abu Dhabi Global Market (ADGM)
Binance (AD) Limited has been granted a Financial Services Permission (FSP) by the Financial Services Regulatory Authority to carry out the Regulated Activity of Providing Custody, in relation to Virtual Assets. Once Binance (AD) Limited has met the conditions set out in its FSP, it can commence providing custody services to Professional Clients.
Binance Bahrain BSC(c) has been granted a Category 4 licence as a Crypto-Asset Service Provider (CASP) by the Central Bank of Bahrain. The licence enables Binance Bahrain BSC(c) to operate as a cryptoasset exchange services provider and a crypto-asset custody service.
Dubai World Trade Center (DWTC)
Binance FZE has been granted a Virtual Asset Service Provider (VASP) MVP licence by the Virtual Asset Regulatory Authority (VARA). The MVP licence enables Binance FZE to offer products or services approved by VARA including but not limited to Exchange Services and Broker Dealer Services and Payments to qualified investors initially.
InvestbyBit Pty Ltd (ABN 98 621 652 579) (trading as “Binance Australia”) has been granted a Digital Currency Exchange (DCE) provider registration by the Australian Transaction Reports and Analysis Centre (AUSTRAC) (registration number 100576141-001). The registration enables InvestbyBit Pty Ltd to provide digital currency exchange services.
PT. ASET DIGITAL BERKAT (trading as TokoCrypto) has been granted a Registration of Trader Candidate by Bappebti (No. 001/BAPPEBTI/CP-AK/11/2019) on 21 November 2019. The registration enables PT. ASET DIGITAL BERKAT to carry out transaction activities relating to crypto assets, whether in its own name and/or to facilitate its customers
Binance has been actively engaging with the Financial Services Authority (FSA) and completed the acquisition of a licensed exchange in Japan on 30 November 2022. The license enables Binance to operate as a Crypto Asset Exchange Service Provider through the local exchange in Japan.
Investbybit Limited (trading as Binance New Zealand) is registered on the New Zealand register of financial service providers (FSP1003864). The registration enables Binance New Zealand to provide the following financial services in New Zealand: (i) use fiat currency to purchase virtual assets; (ii) trade virtual assets; (iii) use fiat or virtual currencies to buy or sell NFTs (non-fungible tokens); and (iv) invest in virtual assets.
Investbybit Limited is not licensed by a New Zealand regulator to provide these financial services. Investbybit Limited's registration on the New Zealand register of financial service providers or membership of the Insurance & Financial Services Ombudsman Scheme does not mean that Investbybit Limited is subject to active regulation or oversight by a New Zealand regulator.
Gulf Binance Co., Ltd., (“Gulf Binance”), has been granted digital asset operator licenses by the Thailand Ministry of Finance through the Securities and Exchange Commission (“SEC”) in Thailand. Gulf Binance is a joint venture between Binance and Gulf Innova Co., Ltd. (“Gulf”) following a 2022 agreement between the two organizations to set up a digital asset exchange in Thailand. Having secured these licenses, Gulf Binance will be able to operate as a digital asset exchange and digital asset broker and is set to launch in Thailand in the fourth quarter of 2023.
Bmex Techfin, S. de R.L. de C.V. has been granted a Vulnerable Activity registration by the Tax Administration Service (SAT). This registration allows Binance to provide virtual assets services in Mexico and comply with the requirements of SAT’s anti-money laundering and counter terrorist financing (AML/TF) regulation applicable to virtual assets service providers.
Binance El Salvador S.A. de C.V. has been granted a Digital Asset Services Provider (DASP) license, by the Comisión Nacional De Activos Digitales (CNAD), (registration number PSDA/001-2003) and the Bitcoin Services Provider (BSP) license, by Banco Central de Reserva (BCR), (registration number 648c5c0751164005aa47d43a) licenses. Binance El Salvador S.A. de C.V. can provide the following regulated services in El Salvador: digital assets custody; purchase/sale of digital assets and its derivatives for legal tender; promote, structure, and manage all types of investment products in digital assets; exchange of digital assets for other digital assets; perform risk and price analysis on digital assets; and operate a trading platform for digital assets.
Brickhouse Trading Ltd offers Futures and Options to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. Brickhouse Trading Ltd is a member of the Binance group of companies.
OTHER LEGAL MATTERS
Binance requires mandatory KYC to be undertaken to onboard any users in order to comply with legal and regulatory obligations including, but not limited to, rules governing anti-money laundering, counter-terrorism financing and sanctions; Binance has created a number of educational resources to help users understand the KYC process, why it’s important and why we do it. These resources can be accessed here and here (with links to further resources embedded into those articles). For entities with specific U.S. connections seeking to onboard, Binance collects additional information described here.
We have notices regarding certain restrictions placed on our products and services which can be accessed here. Users impacted by these restrictions are strongly encouraged to review these notices and seek independent advice. Please see the Binance TOUs for a comprehensive list of restrictions and eligibility requirements to open and maintain an account on Binance.com.
If you have any questions or complaints about Binance’s products or services, please contact our customer service team who will be able to assist you. They are staffed 24 hours a day, 7 days a week and strive to address your concerns as quickly as possible.