Binance’s license in Bahrain has been expanded to include more crypto services.
The world’s largest crypto asset trading platform, Binance, made a statement on its website on Thursday. The statement noted that the platform has received a Category 4 license, which “will allow Binance to offer a full range of crypto-asset services in Bahrain.” The platform also said that it is the first crypto service provider in the country to hold this license.
Binance has been very cautious about compliance frameworks after being targeted by regulators of various countries last year. This represents the last of the steps he has taken in this regard.