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Bahrain-Backed Bank Launches Digital Asset Custody Service
5.11.2024
Bahrain-backed Singapore Gulf Bank has launched digital asset custody and trading services, positioning Bahrain as a hub for digital finance and connecting Asian and Middle Eastern markets. Bahrain Aims to Connect Asian and MENA Markets Bahrain-backed Singapore Gulf Bank has launched digital asset...
National Bank of Bahrain Launches Bitcoin Investment Product
10.10.2024
The National Bank of Bahrain has made a groundbreaking move by launching the first bitcoin-linked structured investment product in the Gulf Cooperation Council (GCC). This innovation, developed with ARP Digital, highlights Bahrain’s leadership in fintech while offering accredited investors...
National Bank of Bahrain rolls out its first Bitcoin investment fund
7.10.2024
The Bitcoin investment fund is designed for institutional investors and will offer exposure to BTC gains capped at a predefined threshold, with 100% loss protection on the downside
National Bank of Bahrain Rolls Out Bitcoin Investment Fund
7.10.2024
The National Bank of Bahrain (NBB) has launched a new structured investment product tied to Bitcoin (BTC). It…
Crypto.com gains payment service license from Bahrain central bank
20.9.2024
Singapore-based cryptocurrency Crypto.com is reinforcing its regional presence with a Bahraini license following on approval in Dubai
Crypto.com gains payment service license from Bahrain central bank
20.9.2024
Singapore-based cryptocurrency Crypto.com is reinforcing its regional presence with a Bahraini license following its approval in Dubai
Crypto.com Gets Bahrain License, Amber Group Approved in Dubai
20.9.2024
Crypto.com has secured a payment service provider (PSP) license from the Central Bank of Bahrain (CBB). This license allows the crypto exchange to offer e-money and fiat-based payment services, including its prepaid cards, in the region. The approval adds to Crypto.com’s growing list...
Crypto.com bags a Payment Service Provider Licence in Bahrain
19.9.2024
Crypto.com has received full approval from the Central Bank of Bahrain to provide payment service provider (PSP) services.…
Tether Invests $3 Million in Kem App to Boost USDT Usage in the Middle East
14.8.2024
Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s platform, promoting widespread adoption in the Middle East and enhancing financial inclusion....
stc Bahrain and Avalanche unite to advance Web3 in MENA region
19.4.2024
stc Bahrain enters into an exclusive agreement with Ava Labs to facilitate the implementation of an Avalanche Subnet, which is a component of the company’s Web3 launchpad initiative. stc Bahrain is dedicated to expediting the adoption and progression of blockchain technology across the Middle...
Digital Asset Platform With Ex-Goldman Partner as Co-Founder Gets Bahrain Crypto License
3.4.2024
ARP Digital says its the "first and only Central Bank-licensed OTC service provider specialized in digital asset-structured products."
Lionscraft partners with stc Bahrain to develop Web3 framework
8.3.2024
A strategic partnership has been established between stc Bahrain and Lionscraft to jointly develop a framework that is in line with the forthcoming Web3 digital transformation. The collaboration aims to establish stc Bahrain as the leading provider of Web3 framework solutions not only in Bahrain...
Bitcoin Exchange CoinMENA Receives Operating License From Dubai’s VARA
13.12.2023
Source: Pexels A subsidiary of the Bahrain-based Bitcoin exchange, CoinMENA FZE, has been granted a Virtual Asset Service Provider (VASP) license by Dubai’s Virtual Asset Regulatory Authority (VARA). This marks the seventh VASP license issued by the Dubai regulator. In a press release,...
Middle East regulatory clarity drives crypto industry growth — Binance FZE head
18.10.2023
UAE, Dubai and Bahrain continue to attract major cryptocurrency exchanges and businesses due to their progressive regulatory approaches
Bahrain’s Bank ABC using JPMorgan’s Onyx blockchain for cross-border payments
26.9.2023
After two years of experiments, JPMorgan and the Bahraini bank will offer U.S. dollar payment settlement in several countries, with plans to expand to euro service as well
Mastercard and Binance Ending Partnership for Crypto Cards
26.8.2023
Mastercard and crypto exchange Binance are ending their partnership for crypto cards. According to the payment giant, the decision will affect all four of Mastercard’s co-branded crypto card programs with Binance in Argentina, Brazil, Colombia, and Bahrain. Partnership Between Mastercard...
Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App
20.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox...
Singaporean family office to set up digital bank in Bahrain
18.5.2023
Whampoa Group started its digital asset arm in 2021 and has invested in a $500 million Binance Labs fund along with TikTok parent ByteDance
Whampoa Group Private Family Office to Open Digital Bank in Bahrain – Here's the Latest
18.5.2023
Singapore-based investment firm Whampoa Group aims to open a digital bank in Bahrain to offer payment and settlement services for crypto firms.
In a recent statement, Whampoa Group said it plans to set up the bank, which will provide banking services as well as the trading, custody, and asset...
Bahrain Telecom Operator Starts Accepting Crypto Payments
18.12.2022
Stc Bahrain, a subsidiary of the Bahrain telecoms operator Stc Group, recently said its partnership arrangement with payment service provider Eazy Financial Services has created an opening that allows clients to pay bills using crypto. According to a statement, the telecom operator’s move...