According to @cz_binance, Binance is the first to secure Global Licenses under Abu Dhabi Global Market (ADGM), covering three approvals: exchange, clearing house, and broker-dealer (source: @cz_binance). The announcement specifies that the new authorizations support global operations and full business coverage under a top-tier regulator, expanding regulated market infrastructure relevant to trading and clearing workflows (source: @cz_binance). These licenses formally cover core market functions that traders and institutions rely on—order execution via an exchange, post-trade clearing, and broker-dealer services—within the ADGM regulatory framework (source: @cz_binance).