Bahrain’s sovereign wealth fund Mumtalakat announced an investment in Singapore Gulf Bank (SGB), a new digital bank founded by Whampoa Group.
This investment will support...
Novotel Bahrain Al Dana Resort reportedly became the first hotel in the country to accept cryptocurrencies as a means of payment.
Other hotels located...
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Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when Dubai approved its first law to regulate crypto assets. Dubai Licenses Binance and FTX Cryptocurrency exchanges FTX and Binance have been licensed by Dubai’s Virtual Asset Regulatory Authority (VARA). The regulator was established last week […]
Cryptocurrency exchange Binance has announced that it has received a full license from the Central Bank of Bahrain. “The crypto asset license will allow Binance to provide crypto-asset trading, custodial services, and portfolio management to customers under the supervision of the Bahrain regulators,” said the exchange. Binance Now Licensed in Bahrain Cryptocurrency exchange Binance announced […]
Two of the biggest crypto exchanges in the world just opened up shop in the Middle East in their latest push for global expansion. Binance, the biggest crypto exchange in the world just won the very first crypto provider service license in the Kingdom of Bahrain. “Binance has been granted the first license for a […]
The Central Bank of Bahrain has granted Binance the first license for a global crypto-asset provider in The Cooperation Council for the Arab States of the Gulf (GCC). The latest development was brought to light in a tweet made by the Binance founder, Changpeng Zhao. Binance to Raise $20 Million in Support for Ukraine The prominent crypto exchange has been in a lot of news lately. In another tweet made about an hour before the writing of this article, Binance revealed that it would be raising $20 million to support the refugee crisis in Ukraine.
Leading crypto exchange Binance, announced today that it has been granted a crypto-asset service provider license from the Central Bank of Bahrain (CBB). Further, this license for Binance represents its first approval as a crypto-asset provider in The Cooperation Council for the Arab States of the Gulf (GCC). “I would like to thank Team Bahrain, […]
Binance Holdings Ltd, the world’s biggest centralized crypto exchange by trading volume, is in talks with authorities in Dubai over a license to operate in the Gulf city-state.