Binance has been granted a crypto-asset service provider license from the Central Bank of Bahrain (CBB).
We are excited to announce that we have been granted a crypto-asset service provider license from the Central Bank of Bahrain . This landmark achievement for Binance represents our first license as a crypto-asset provider in The Cooperation Council for the Arab States of the Gulf and demonstrates our commitment to being in regulatory compliance as the first of its group of companies in the region.
I’m proud of the hard work of the Binance team to meet the stringent criteria of the Central Bank of Bahrain, not just locally but globally by ensuring that we meet and exceed the requirements of regulators and protect users with strongThe 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.