Binance Wins First Gulf Crypto License From Bahrain

    Cryptocurrency exchange Binance has established licenses to be a crypto service provider in Dubai and Bahrain.

    Binance received a license to be the first anchor in Dubai World Trade Centre, an economic free zone, a person familiar with the matter said.

    It also won a license from the Bahrain’s central bank to be a crypto-asset service provider in the kingdom, Chief Executive Officer Changpeng Zhao tweeted.

    The pair of licenses marked the exchange’s first regulatory approvals in the Middle East region.

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