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# Binance Lists Gold Perpetuals as Regulatory Footprint Expands
- URL: https://blog.1token.tech/binance-lists-gold-perpetuals-as-regulatory-footprint-expands/
- Published: 2025-12-16T17:00:55.000Z
- Updated: 2026-07-22T09:15:57.000Z
- Description: CW50 Binance launched XAUUSDT gold perpetuals and added TradFi-perps support in its API, signaling broader asset expansion. The exchange also received full authorization from ADGM. Separately, Terraform Labs co-founder Do Kwon was sentenced to 15 years over the Terra collapse.
- Author: 1Token
- Tags: Market Digest

## Binance lists gold perp

Binance expands its gold trading from PAXG or XAUT to real gold XAU with below index price source

![](https://storage.ghost.io/c/e5/29/e529ae0e-b8de-4215-bee5-f2e194311421/content/images/2025/12/image-17.png)

Liquidity is quite poor: [https://www.binance.com/en/futures/XAUUSDT](https://blog.1token.tech/crypto-quant-strategy-index-vii-oct-2025/)

![](https://storage.ghost.io/c/e5/29/e529ae0e-b8de-4215-bee5-f2e194311421/content/images/2025/12/image-18.png)

Compared to: [https://www.binance.com/en/futures/PAXGUSDT](https://blog.1token.tech/strategy-establishes-1-44b-usd-reserve-to-complement-btc-holdings/)

![](https://storage.ghost.io/c/e5/29/e529ae0e-b8de-4215-bee5-f2e194311421/content/images/2025/12/image-19.png)

Binance also added TradFi-Perps agreement contract in its API endpoint, implying more stocks or commodities perpetual swap coming.

## Binance fully licensed from ADGM

Binance has received full authorization from the Financial Services Regulatory Authority (FSRA) of ADGM to operate its global platform, Binance.com, under a world-class supervisory framework.

Three licensed entities – an exchange - Nest Exchange Services Limited, a clearing house - Nest Clearing and Custody Limited, and a broker-dealer - Nest Trading Limited – will separately perform trading, custody, settlement, and off-exchange activities, mirroring traditional financial-market infrastructure.

See full announcement: [https://www.binance.com/en/blog/regulation/135414587642456580](https://blog.1token.tech/crypto-quant-strategy-index-vii-oct-2025/)

## Do Kwon sentenced 15 years for $40 billion fraud

Terraform Labs co-founder Do Kwon was sentenced to 15 years in prison for his role in a massive fraud that saw roughly $50 billion wiped from the crypto ecosystem over the course of just three days in May 2022.

The sentence, handed down by District Judge Paul Engelmeyer of the Southern District of New York (SDNY), is slightly more than the 12-year sentence requested by prosecutors and much greater than the five-year sentence suggested by Kwon’s lawyers. Kwon must serve at least half of this sentence before he can apply for a transfer to South Korea, where he faces further charges.

See full script:[ https://x.com/innercitypress/status/1999150597837087172](https://blog.1token.tech/crypto-quant-strategy-index-vii-oct-2025/)

[](https://blog.1token.tech/s-p-downgrades-tether-to-lowest-rating/)

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