Bahrain: Binance.bh goes live in the Kingdom
Binance, the leading global blockchain services provider, announced today the launch of binance.bh, a new and fully regulated platform where users can access Binance’s full range of products and services – including direct deposits and withdrawals – in local currencies.
New customers are able to sign up to the newly regulated platform and get access a range of products and services.
Having received its license as a Crypto Asset Service Provider (CASP) Category-4 (Crypto Assets Exchange) on 19 May 2022, the binance.bh platform now allows Binance to provide a full range of crypto-asset exchange services to customers.
Binance has viewed the Kingdom of Bahrain as a key business hub which will provide areas for growth and employment within the wider industry.
Furthermore, Binance’s focus on robust compliance and security controls, as well as its commitment to working closely with regulators in the region to champion user protection and market integrity, have allowed the company to establish a strong foothold in the GCC and contribute to the region’s status as a fast-emerging global crypto asset hub.
