Today news
About the same in other media
07.01 - 10:37
07.01 - 03:11
Binance becomes first regulator in MENA region, to provide crypto-asset services in Bahrain
Reading now: 322
moneycontrol.comBinance, the world's largest crypto exchange by volume, said on December 27 that it had received in-principle approval from the Central Bank of Bahrain (CBB) to establish itself as a crypto-asset service provider in the country. Binance had applied for a license from the CBB as part of its plans to become a fully-regulated centralised cryptocurrency exchange.
The move from CBB makes it the first regulator in the Middle East North Africa (MENA) region to grant an in-principle approval to a Binance entity, the crypto exchange said in an official statement.
The in-principle approval from CBB still requires Binance to complete the full application process, which is expected to be completed in due course, it added.
Earlier in December, Binance
Read more on moneycontrol.comAbout this in other media
Grow Crypto Assets With Play2Earn cryptonews.com /2 years ago
Bahrain central bank trials JPM Coin finextra.com /2 years ago
Top Crypto Concern of Institutional Investors, Ray Dalio on Bitcoin Allocation + More News cryptonews.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
