Plume Network, a modular Layer 2 blockchain dedicated to real-world assets (RWAs), has received a commercial license from the Abu Dhabi Global Market (ADGM) Registration Authority, paving the way for expansion into the Middle East. The license allows Plume to scale RWA origination and distribution across the Middle East, Africa, and emerging markets, pending further …
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Binance Wins Full ADGM Approval
Binance has secured authorization from Abu Dhabi Global Markets (ADGM), Abu Dhabi’s special economic zone for finance, to operate under a comprehensive exchange, clearing, and brokerage framework according to a press release from Binance. The approval breaks Binance’s business into three regulated components that mirror a traditional market stack in a traditional finance exchange. Binance’s …
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