Bahrain Business: Government welcomes approval of Binance Bahrain for full range of crypto exchange services – Gulf Digital News

  • Date: 30-May-2022
  • Source: Gulf Digital News
  • Sector:Economy
  • Country:Bahrain
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Bahrain Business: Government welcomes approval of Binance Bahrain for full range of crypto exchange services – Gulf Digital News

Manama: The Government of Bahrain has welcomed the decision of the Central Bank of Bahrain to issue a Category 4 licence to Binance Bahrain as a crypto-asset service provider, a first for the Kingdom, enabling the exchange platform to provide a full-suite of crypto exchange services it has available in Bahrain. The Category 4 licence approval is a significant upgrade from an initial licence granted to Binance in March of this year, the firm’s first such license in the GCC .