Binance Announced That It Has Obtained A License From Bahrain

Binance announced that it has obtained a license from Bahrain. Binance continues to comply with the cryptocurrency laws of countries.

Cryptocurrency exchange Binance continues to expand its borders. Binance has managed to obtain a global crypto-asset service provider license, this time from the Central Bank of Bahrain. With this license, the company will offer fully regulated services to its first country in the Middle East. Binance CEO Changpeng Zhao announced on his official Twitter account that he had obtained a license from a Middle Eastern country. The Central Bank of Bahrain has licensed Binance through the Gulf Arab States Cooperation Council. Binance's new license will allow it to offer crypto services, including trading, custody and portfolio management, for clients in the Middle East. Changpeng Zhao, founder and CEO of Binance, said: "The license from Bahrain is a milestone in our journey to full licensing and regulation around the world. I would like to thank the Bahrain Team for the great work that facilitated this success, guided by the visionary leadership of HRH Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister."