Binance, the world’s largest cryptocurrency exchange, announced that it has officially launched in Bahrain.
In the press release made by Binance on January 16, it was declared that they have started their activities in Bahrain. A platform that allows users in Bahrain to access Binance’s products and make deposits and withdrawals in fiat currency. binance.bhIt is stated that the .
However, Binance’s latest expansion Central Bank of Bahrain (CBB) and Economic Development Board and a special congratulatory message was allegedly sent to the stock market officials.
Governor of the Central Bank of Bahrain Rasheed Al Maraj with regard to the developmentCBB welcomes Binance’s decision to establish a regional hub in Bahrain for its Middle East operations.” he said. Chairman of the Board Khalid Humaidan In his statement on the subject, he made the following statements:
The launch of their platform reaffirms Bahrain’s position as a leading hub for crypto-assets, blockchain and FinTech innovations, not just in the region but worldwide.
On the other hand, the interest in crypto was not limited to Bahrain and started serious researches against the industry in the surrounding countries. In line with the statements made, Gulf Cooperation Council (GCC) other countries in the region FinTech It seems to activate the pools. Kuwait, Saudi Arabia and United Arab Emirates (UAE) as central banks create exploratory regulatory environments Oman Central Bank He put this on his to-do list.
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.