🚨 Big News: Binance Secures Regulatory License in Dubai! 🌟
Binance, the world's largest cryptocurrency exchange, has finally received its Virtual Asset Service Provider (VASP) license in Dubai.
Key Points:
- Regulatory Milestone: Binance got its VASP license from Dubai's Virtual Assets Regulatory Authority (VARA).
- Leadership Change: Co-founder Changpeng Zhao (CZ) had to give up his voting power in Binance's Dubai unit to meet VARA's final requirement.
- Official Confirmation: Current CEO Richard Teng confirmed the license but called the claims about Zhao’s voting power "pure speculation".
Stay tuned for more updates!
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