I just came across a pretty interesting piece of news—a major exchange platform has secured a full license from the Abu Dhabi Global Market, and they’ve announced that starting next year, they plan to gradually move their global operations over there. How should we interpret this move? It’s a bit like putting eggs into three different baskets, with the official reason being to strengthen risk control and asset protection.



Honestly, in recent years you can clearly feel that big platforms are looking for reliable regulatory footholds around the world. This time, Abu Dhabi counts as capturing a strategic location. The ADGM regulatory framework has a pretty good reputation internationally, and it does help attract institutional funds. The Middle East market has huge potential and relatively flexible policies, so it’s no wonder it’s become a hot spot.

Having three licensed entities operating separately does look like risk isolation on the surface. But if you think about it, it could also be about tailoring compliance solutions for different business lines—spot trading, derivatives, and custody services each going their own way, adapting to different regional regulatory requirements. The framework is solid, but operational costs are definitely going up as well.

For us regular users? There’s basically no immediate impact. The announcement makes it clear that daily trading will continue as usual. But in the long run, who knows—once compliance costs rise, will fees get tweaked a bit? Will yields on financial products shrink? We’ll have to keep an eye on these things.

Next stop is probably Europe. After securing the Middle East hub, at this pace, a license under Europe’s MiCA framework should be the next target. After all, the European market is huge and its rules are becoming clearer, so it can’t be ignored.

To put it bluntly, this is a key turning point from operating in the gray area to going fully legit. For the industry as a whole, it’s a good thing; it means mainstream adoption is genuinely accelerating. But for old-timers, the era of ridiculously low fees and wild new token launches is probably gone for good. Funds are safer now, but the wild west vibe is fading.

This is just my personal speculation—let’s wait for the official announcement for the full details.
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MonkeySeeMonkeyDovip
· 12-10 03:12
The handling fee has to rise, this logic can't be avoided at all... --- It's another wave of compliance, what should come is still coming, and the old currency circle does have to come to an end. --- No matter how stable the shelf is, it can't change one thing - the user pays. --- Abu Dhabi has won, will Europe be far away, I feel that the big platform is sweeping the floor around the world. --- Three baskets to diversify risk? I look like a triple charging rhythm... --- It's hard to say in the short term and in the long term, this sentence is saying that the handling fee should be fine-tuned haha. --- It's a pity that the rivers and lakes are gone, but this is probably the price of growth. --- To be honest, the regulatory framework is clear, but it is relieved, and the flying of new coins is exciting but also quite suspenseful. --- European MiCA is sure of the next step, this rhythm is like playing chess, planning and then moving. --- The cost of compliance goes up, and the life of the little scatters becomes even more difficult.
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UnluckyLemurvip
· 12-09 18:02
The fees really will go up, huh? I knew those good days were numbered. Abu Dhabi’s move is really just paving a backup plan, don’t talk to me about risk isolation. What’s Europe’s next step? Should’ve gone there long ago, otherwise how can they compete with the US. Compliance costs are going up, and we’re the ones paying for it. No one can escape this. The wild west spirit is gone, but at least you can sleep soundly. Is it worth it or not? Calling it mainstream adoption sounds nice, but to put it bluntly, it’s just being tamed. This pace feels like they’re trying to push retail investors out step by step. The Middle East really has imagination, no wonder all the major platforms are eyeing it. The industry becoming more regulated is a good thing, but how do I benefit if my wallet’s empty? With such high operational costs for moving, sooner or later they’ll make up for it from the users.
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EthMaximalistvip
· 12-09 18:01
Compliance is like having a knife held to your throat—sure, it's more comfortable, but that adrenaline rush is definitely gone. Waiting to see the fees; I bet five moons they'll secretly raise the prices. The Middle East move is really just a vanguard for Europe and the US—the real action is with MiCA. The wild west days are truly over; honestly, it's a bit of a shame. "Three baskets of eggs" sounds reassuring, but in reality, it just means the risk is being spread to the users. Why does it feel like every time there's an "enhanced compliance" update, the fees always jump up a bit? Whatever, gotta buy anyway—these are the only platforms to choose from, after all.
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LiquidationWatchervip
· 12-09 17:54
The Middle East is relying entirely on burning cash to pile up licenses. At this rate, fees are bound to go up sooner or later, and the early adopter dividends are really coming to an end. Compliance costs are skyrocketing, so investment returns will likely shrink. When that time comes, it’ll be all about who can survive until the European MiCA round. Moving from the wild west back to a regular army—honestly, security has definitely improved, but that silky-smooth trading experience is probably gone for good. What’s next for Europe? It’s a given, but by the time it happens, the market landscape could have changed again. These platforms have really turned global compliance into an art form—putting eggs in three baskets, sounds all too professional. Minor fee adjustments might happen quietly, and users won’t even notice. The era of unlimited leverage is truly gone for good. Feels like the whole industry is entering its senior years. Gotta say, the ADGM move was pretty clever; Middle Eastern capital definitely has some potential. Once operating costs go up, retail investors’ profit margins just get squeezed.
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StakeHouseDirectorvip
· 12-09 17:39
Transaction fees will have to go up sooner or later. In the end, we retail investors will end up paying the moving costs. --- Flexible policies in the Middle East? To put it nicely, it's flexible; to put it bluntly, it just means there are still loopholes to exploit. --- Losing that wild, free spirit is tough, but losing money is even worse. Forget it, better to get a license after all. --- The ADGM framework is indeed pretty good, but who knows if these platforms have actually moved any real assets over there. --- Put eggs in three baskets, but if one basket drops, it’s all ruined in the end. --- With MiCA coming into effect in Europe, things will get even more complicated. By then, all exchanges will have to be the same. --- The days of old players making quick money are truly gone. Now, entering the market actually feels more solid and reassuring. --- As compliance costs rise, yields on financial products will be the first to die. I'm just waiting to be harvested as a retail investor. --- Feels like they're paving the way for institutions, and we small retail investors will just keep getting squeezed. --- Going from underground to mainstream sounds impressive, but in reality, it just means we’ll have to start playing by the rules.
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