Binance Wins a Crypto Licence in Bahrain.


Binance,  world’s largest cryptocurrency exchange,  has been granted a license to operate as a crypto asset service provider  in Bahrain.

Increases the company's presence in the Middle East as its trading platform comes under increasing scrutiny from financial regulators around the world.

The license from Bahrain marks a watershed moment to be fully licensed and regulated around the world, says CEO of Binance.

Binance said the license was the company’s first of its kind in the Gulf states.

The regulatory green light enabled customers to trade crypto assets, use custodial services, and manage their portfolios.