Binance Announces Its New Platform Regulated By The Central Bank of Bahrain

The world’s largest crypto exchange Binance is launching its new platform in Bahrain, where it acts as a crypto asset service provider (CASP).

Binance announced on October 27 that Binance Bahrain is regulated by the country’s central bank for Bahrain users.

The new platform to be established will be under the control of the Central Bank of Bahrain. In addition, all transactions, including deposits and withdrawals, will be controlled by the central bank.

Binance Bahrain, 24 May 2022 on From the Central Bank of Bahrain (CBB) as a crypto asset service provider Category 4 license had received.

in Bahrain December per month associate degree, March in the month full license area Binance Bahrain, CBB by country Category 4 license given first stock market had happened.

Binance, which has licenses from many countries in the Middle East, to speed up operations continues.

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