Binance Awarded In-Principle Approval As A Crypto-Asset Service Provider In The Kingdom Of Bahrain

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The Street

By PR Newswire MANAMA, Bahrain, Dec. 27, 2021 /PRNewswire/ — Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, has received in-principle approval from the Central Bank of Bahrain (CBB) to establish itself as a crypto-asset service provider in the Kingdom of Bahrain. The in-principle approval comes after Binance applied for a license from the CBB as part of its plans to become a fully-regulated centralized cryptocurrency exchange. Changpeng Zhao (CZ), founder and CEO of Binance, said: “Recognition and approval from national regulators, such as the Central Bank…

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