Binance obtained a crypto asset service provider license from the Central Bank of Bahrain.
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The world’s largest crypto asset trading platform, Binance, received its first license in the Middle East. In the news reported by Bloomberg, it was noted that Binance also wants to increase its activities in Dubai. As we reported earlier, Binance is assisting the Dubai World Trade Center Authority in developing a regulatory framework.
Bahrain Central Bank Governor Rasheed Al Maraj said in a statement:
“Developing regulations in line with global trends is a key goal for us at CBB… Innovation and best practices are possible We continue to work with partners and industry leaders like Binance to develop regulations that enable
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