Binance Attains Full Operation License From the Kingdom of Bahrain

2022.05.26 18:36

Binance Attains Full Operation License From the Kingdom of Bahrain

• Binance Bahrain’s operation license has been upgraded to Category 4.
• The exchange becomes the first crypto exchange to hold a full Category 4 License.
• Category 4 license allows Binance Bahrain to provide a full range of crypto-asset exchange services.

The Central Bank of Bahrain (CBB) has granted Binance, one of the largest cryptocurrency exchanges, a Category 4 license to operate as a crypto-asset service provider (CASP).

This development came via the official website of Binance today, Thursday, May 26, 2022. Binance is the first crypto exchange to secure the Category 4 license from the CBB. It received a preliminary license earlier on in December last year.

By the provision of this license, Binance Bahrain can subsequently offer a wider range of crypto exchange services to crypto traders from Bahrain. Specifically, Binance will be offering i …

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