- Binance has obtained a license to operate its crypto exchange in Bahrain.
- The UAE is next on its list after Bahrain.
- FTX and Binance also obtained a virtual asset license from Dubai, UAE.
Binance announced that it obtained a license to offer its crypto exchange services to residents of Bahrain. According to the press release, this is Binance’s first license as an exchange within countries that belong to the Gulf Cooperation Council (GCC), a prominent region in the Middle East.
#TeamBahrain.#Binance has been granted the first license for a global crypto-asset provider in The Cooperation Council for the Arab States of the Gulf (GCC) by the Central Bank of Bahrain. pic.twitter.com/Ndnb4xhA5y— CZ