Binance Gets Dubai VASP License After CZ Deal (BNB)

Binance Holdings Ltd. received its long-sought full crypto license in Dubai after co-founder Changpeng “CZ” Zhao agreed to give up voting control in the local entity, according to people with knowledge of the matter.

The world’s biggest digital-asset exchange got a Virtual Asset Service Provider permit in the emirate, Chief Executive Officer Richard Teng confirmed in a Bloomberg Television interview on Thursday.

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