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Bahrain Central Bank Is Testing A Bitcoin Payment Solution Using OpenNode

Written by: Qadir AK

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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Sep 15, 2022

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OpenNode is undergoing trials of using bitcoin payments along with the Central Bank of Bahrain’s Regulatory Sandbox application that is curated specifically for Fintech applications. OpenNode claims that this solution is motivated by the ever-increasing interest in the FinTech economy and digital assets all over the Middle East and other parts of the world.

More precisely, CBB’s Sandbox will act as the testing ground in facilitating BTC payments which were made possible until now. The main goal of OpenNode is to show the propensity of Bitcoin to improve and drive the growth of Bahrain’s economy and business sector.

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