The Government of Bahrain has welcomed the decision of the Central Bank of Bahrain to issue a Category 4 licence to Binance Bahrain as a crypto-asset service provider, a first for the Kingdom, enabling the exchange platform to provide a full-suite of crypto exchange services it has available in Bahrain.
In addition to the rights to providing crypto trading, custodial, and portfolio management services in the Kingdom, new services that will be available on the licenced Binance platform include:
• Spot Trading
• Initial Coin Offering
• Initial Exchange Offering