Binance launches in Bahrain

Binance launches in Bahrain

Binance, the leading global blockchain services provider, has launched binance.bh, a new and regulated platform where users can access Binance’s range of regulated products and services – including direct top ups and withdrawals – in local currencies.

To celebrate the occasion of binance.bh going live, Binance hosted a launch event under the patronage of His Excellency Rasheed Al Maraj, Governor of the Central Bank of Bahrain (CBB), and His Excellency Khalid Humaidan, Chief Executive of the Bahrain Economic Development Board, at the Bahrain Institute for Banking and Finance (BIBF) with the presence of Changpeng Zhao (“CZ”), co-Founder and CEO of Binance, amongst other prominent regional and international figures and personalities in the financial and crypto spaces.

Attendees were welcomed with an opening speech by Tameem Al Moosawi, General Manager Binance Bahrain, followed by an engaging and insightful fireside discussion between H.E. Khalid Humaidan and CZ on timely topics of interest including the state of the crypto market in the Middle East, the financial services sector’s landscape and enabling innovation, and the future opportunities for the region to become a global crypto hub.

Having received its license as a Crypto Asset Service Provider / Category-4 (crypto-assets Exchange) on 19 May 2022, the binance.bh platform