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Crypto Payment Infrastructure Firm Opennode to Test Bitcoin Payments in Bahrain

Crypto Payment Infrastructure Firm Opennode to Test Bitcoin Payments in BahrainOpennode, a bitcoin payment infrastructure firm, recently said it will run trials of its bitcoin processing and payout solution through the Central Bank of Bahrain’s regulatory sandbox. According to Dalal Buhejji, an executive director with the Bahrain Economic Development Board, the central bank’s sandbox helps to ensure that fintechs will continue to innovate and adhere […]

Ex-Florida congressman joins Coinbase Global Advisory Council

Bahrain Central Bank Issues New Regulations Governing Operations of Crowdfunding Platforms

Bahrain Central Bank Issues New Regulations Governing Operations of Crowdfunding PlatformsThe Central Bank of Bahrain (CBB) has said new regulations compelling operators of crowdfunding platforms to ensure their products are suitable for clients are set to replace existing rules which were first issued in 2017. Segregation of Client Money From Platform Operators The Central Bank of Bahrain (CBB) has issued new guidelines which apply to […]

Ex-Florida congressman joins Coinbase Global Advisory Council

Binance Now Fully Licensed by Central Bank of Bahrain to Offer Crypto Services

Binance Now Fully Licensed by Central Bank of Bahrain to Offer Crypto ServicesCryptocurrency 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 […]

Ex-Florida congressman joins Coinbase Global Advisory Council

Bahrain Central Bank Completes Cross-Border Transfer Test Using JPMorgan Blockchain

Bahrain Central Bank Completes Cross-Border Transfer Test Using JPMorgan BlockchainThe Central Bank of Bahrain (CBB), working in partnership with Bank ABC, recently announced it had successfully tested the transfer of funds across borders using JPMorgan’s JPM Coin. The test fulfills the central bank’s goal of creating safe and efficient settlement solutions for customers. Eliminating Inefficiencies in the Cross-Border Payment Arena With CBDCs Bahrain’s central […]

Ex-Florida congressman joins Coinbase Global Advisory Council

Crypto Exchange Binance Receives Approval in Bahrain — Plans to Become Regulated, Centralized Worldwide

Crypto Exchange Binance Receives Approval in Bahrain — Plans to Become Regulated, Centralized WorldwideBinance has received in-principle approval from the Central Bank of Bahrain to operate a cryptocurrency service provider in the country. The license is part of Binance’s “plans to become a fully-regulated centralized cryptocurrency exchange,” the crypto exchange detailed. Binance Receives In-Principle Approval in Bahrain Crypto exchange Binance announced Monday that it has “received in-principle approval […]

Ex-Florida congressman joins Coinbase Global Advisory Council