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 Cyprus Limited has been granted Class 3 registration as a Crypto Asset Service Provider (CASP) by Cyprus Securities and Exchange Commision (CySEC) (registration number 002/22). This registration allows Binance to offer services, including spot, custodian, staking and card services, in compliance with the requirements of CySEC’s anti-money laundering and counter terrorist financing (AML/CTF) rules.
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, as well as derivatives products where the underlying is crypto.
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.
BV Investment Management Limited has been granted a Financial Services Permission (FSP) by the Financial Services Regulatory Authority to carry out the Regulated Activity of Managing a Collective Investment Fund. Once BV Investment Management Limited has met the conditions set out in its FSP, it can commence providing fund management 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, Custodial Services, Broker-Dealer Services and Payments and Remittance Services 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.
Oztures Trading Pty Ltd (ABN 77 142 898 324) (trading as “Binance Australia Derivatives”), has been granted an Australian Financial Services (AFS) licence from the Australian Securities and Investments Commission (ASIC) (licence number 425165). The licence enables Oztures Trading Pty Ltd to issue over-the-counter (OTC) derivatives.
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.
Binance Canada Capital Markets Inc. has been granted a registration as a money services business with the Financial Transaction & Reports Analysis Centre of Canada (FINTRAC).
Binance has been authorised by the Financial Sector Conduct Authority (FSCA) to provide derivatives products and services to South African customers as a juristic representative of FiveWest OTC Desk (PTY) Ltd.
OTHER LEGAL MATTERS
Binance does not onboard or provide services to residents of Restricted Jurisdictions or corporate accounts of entities incorporated or doing business in Restricted Jurisdictions.
“Restricted Jurisdictions” include, but are not limited to, the United States of America, Ontario (Canada), Cuba, Crimea Region, Iran, Syria, and North Korea. Comprehensive rules related to restricted jurisdictions are available in the Binance TOUs.
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).
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.