In a significant move in the Asia-Pacific region, Robinhood acquires two regulated Indonesian financial companies, marking its entrance into Southeast Asia. Meanwhile, Binance secures full operational licenses from Abu Dhabi’s FSRA, becoming the first exchange under end-to-end regulatory supervision in the emirate. The APAC region continues to be a competitive battleground for global exchanges.

Robinhood’s acquisition of PT Buana Capital Sekuritas and PT Pedagang Aset Kripto in Indonesia gives them access to a dynamic retail trading market and a regulatory foothold in a country with growing crypto adoption. Patrick Chan, Head of Asia at Robinhood, plans to bring their user-friendly experience to Indonesia.

Binance’s regulatory breakthrough in Abu Dhabi includes securing the full suite of licenses required to operate a complete digital asset ecosystem, making them the first global exchange to receive end-to-end operational authorization from the FSRA. This achievement could position Abu Dhabi as a new hub for tightly supervised crypto activity.

The Asia-Pacific region has become a crucial battleground for global crypto exchanges due to maturing regulation, institutional participation, and rising retail demand. On-chain activity has increased significantly, with APAC representing over 70% of global crypto exposure in key jurisdictions. Robinhood’s entry into Indonesia and Binance’s full licensing in Abu Dhabi signify the tightening competition in the region.

Read more at Yahoo Finance: APAC Crypto Race Heats Up as Robinhood Enters Indonesia and Binance Secures Full Abu Dhabi Licensing