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Nalezeno "Bahrain": 60

Bahrain-based AlAbraaj Restaurants adopts Bitcoin treasury strategy


Bahrain-based publicly listed catering company with a $24.22 million market cap has adopted a Bitcoin treasury strategy in partnership with investment firm 10X Capital.According to a May 15 announcement, AlAbraaj Restaurants Group partnered with 10X Capital to adopt a Bitcoin (BTC) treasury...

Bahrain Digital Exchange ATME Introduces Tokenized Gold


Bahrain’s ATME, a regulated digital asset exchange, has launched gold-backed tokens, a first in the Kingdom, with the Central Bank of Bahrain’s support. These tokens, each representing one kilogram of gold, offer accredited investors a secure and modern way to invest in gold without...

Malaysian Prime Minister Discusses Crypto Frameworks During UAE Visit


Malaysian Prime Minister Anwar Ibrahim announced that Malaysia and Bahrain are deepening economic ties, focusing on cryptocurrency, the Sandbox platform, tourism, connectivity, and manufacturing. Bahrain also pledged support for upcoming Asean-GCC summits. Anwar’s visit, at the invitation...

Bahrain’s Central Bank Set to Unveil Stablecoin Issuance Rules


Bahrain’s central bank is developing regulations for stablecoins to reduce transaction costs and increase financial access. Making the Digital Asset Space Safer Bahrain’s central bank is drafting regulations on stablecoin issuance, the Middle Eastern country’s Finance and National Economy...

Bahrain-Backed Bank Launches Digital Asset Custody Service


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


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...

Crypto.com Gets Bahrain License, Amber Group Approved in Dubai


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...

Tether Invests $3 Million in Kem App to Boost USDT Usage in the Middle East


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


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...

Lionscraft partners with stc Bahrain to develop Web3 framework


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


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,...

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