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MOONER+2.85%
$0.00350
BTC+2.69%
$20432
ETH+4.28%
$1171.7
BNB+2.76%
$236.20
MOONER+2.85%
$0.00350
BTC+2.69%
$20432
ETH+4.28%
$1171.7
BNB+2.76%
$236.20

In December, Binance Bahrain was awarded a provisional license, then in March, a full license

The new ranking "will enable Binance Bahrain to provide a comprehensive suite of crypto-asset exchange services," the corporation announced on its website Thursday.

According to the statement, the exchange is the first crypto service provider in the nation to receive a complete Category 4 licence.

Additionally, it has expanded its business throughout the Middle East. It got a restricted operating licence in Dubai in March and temporary clearance to operate as a broker dealer in the capital of the United Arab Emirates, Abu Dhabi, in April.

Last year, authorities in a number of nations, including the United Kingdom, Japan, and Israel, targeted the exchange. Since then, it has recruited former regulators to strengthen its compliance department.