Binance gets its first Gulf crypto licence in Bahrain

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DUBAI : The world's largest cryptocurrency exchange Binance has been given a crypto-asset service provider licence by Bahrain's central bank, its first such licence in the Gulf Cooperation Council (GCC), the company and the bank said on Tuesday. 'The licence from Bahrain is a milestone in our journey to

DUBAI : The world's largest cryptocurrency exchange Binance has been given a crypto-asset service provider licence by Bahrain's central bank, its first such licence in the Gulf Cooperation Council , the company and the bank said on Tuesday.

The regulatory requirements will"protect users with strong anti-money laundering and counter-terrorism financing policies," he added.

 

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