Cryptocurrency firm Binance today announced the launch of its Bahrain platform.
The crypto platform, however, was required to complete the entire application procedure in order to obtain a legal license.
Binancians received a message stating the following:
Following receipt of its license as a Crypto Asset Service Provider (CASP) in May 2022, Binance launches its Bahrain platform – binance.bh, a fully regulated platform by the Central Bank of Bahrain, where Bahrain users can access Binance’s full range of regulated crypto-asset exchange services as well as local banking options, including direct deposits and withdrawals in local currencies, under the supervision of the Central Bank of Bahrain.
New users are able to sign up with the new regulated platform and get access to direct banking options and a range of regulated products and services.
Thanks for your support!
Binance Team
Resultantly, users can now access Binance’s regulated crypto-asset exchange services as well as local banking options that encompass direct deposits and withdrawals in local currencies, under the supervision of the Central Bank.
