September 29, 2022

The crypto-asset license will also allow Binance to provide custodial services and portfolio management to customers under the supervision of Bahrain regulators

The world’s leading blockchain and cryptocurrency infrastructure provider, Binance, has been granted a crypto-asset service provider license from the Central Bank of Bahrain (CBB).

This represents Binance’s first license as a crypto-asset provider in Gulf Cooperation Council (GCC) nations and demonstrates its commitment to being a compliance-first exchange.

The crypto-asset license will allow Binance to provide crypto-asset trading, custodial services, and portfolio management to customers under the supervision of the Bahrain regulators.