• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Ripple Donates ‘Skull of Satoshi’ to Bitcoin Community

    Ripple Donates ‘Skull of Satoshi’ to Bitcoin Community

    James Wynn Faces $99M Bitcoin Liquidation Amid Market Slip

    Brazilian Fintech Méliuz Launches $78.6M Bitcoin Share Offering

    Meta Shareholders Reject Bitcoin Treasury Proposal

    Tether Supports Twenty One Capital’s $100M Bitcoin Purchase

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Cardano Faces 3% Drop Amid Market Correction

    Cardano Faces 3% Price Decline Amid Market Trends

    SEC Cautions Staked Ethereum, Solana ETF Viability

    James Wynn Aims for $1B Comeback After $60M Loss

    James Wynn’s $1B Comeback in Crypto Trading

    Shiba Inu Burns 1.17 Billion Tokens in Supply Reduction

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Central Bank of Bahrain Licenses Binance Subsidiary

Joshua T. by Joshua T.
April 10, 2025
in Latest News
Key Points:

  • Bahrain licenses Binance subsidiary for fiat services.
  • Supports Binance’s global regulatory alignment.
  • No immediate impact on Binance Coin price.

central-bank-of-bahrain-licenses-binance-subsidiary
Central Bank of Bahrain Licenses Binance Subsidiary

The licensing of BPay Global by Bahrain signals a broad regulatory acceptance and potential for Binance’s expansion in financial payments.

The Central Bank of Bahrain (CBB) has licensed BPay Global, a Binance Group subsidiary, as a Payment Service Provider. The license was granted on April 10, 2025, propelling Binance’s regulatory compliance status globally.

BPay Global, a subsidiary under Binance, is now authorized to offer fiat-based transaction services. This includes deposits, withdrawals, and custody, enhancing Binance’s service offerings and regulatory compliance in diverse jurisdictions.

The issuance may enhance trust in Binance, supporting more robust fiat transaction services. It aims to integrate Binance further into regulated frameworks, potentially boosting global customer confidence in its compliance strategies.

Financially, this development strengthens Binance’s capability for wider transactional services, fostering fiat liquidity improvements. It positions Binance as a more reliable financial service provider, although no immediate funding changes are noted.

This move underscores Bahrain’s support for fintech advancements and regulated cryptocurrency services. The effect is expected to be positive for Binance’s future regulatory pursuits globally. As stated by the Central Bank of Bahrain, “The license aligns with our effort to support innovation in financial services and promote fintech development in Bahrain.”

Historically, gaining such licenses has moderately boosted investor confidence and adoption of Binance’s services. This could indirectly benefit Binance Coin ($BNB) in the long term, although no short-term price effect is observed currently.

Previous Post

Elizabeth Warren Seeks Inquiry Into Trump’s Tariff Actions

Next Post

BPay Global Receives Payment License from Bahrain’s Central Bank

Joshua T.

Joshua T.

Related Posts

SEC Forms Crypto Task Force for Clearer Regulation

by Solomon M.
June 1, 2025

SEC initiates a Crypto Task Force to develop a comprehensive regulatory framework, addressing public concerns and industry needs.

SEC Commissioner Hester Peirce Plans Reduced Crypto Regulation

by Anca F.
June 1, 2025

SEC Commissioner Hester Peirce announces a strategic retreat in crypto regulation at Bitcoin 2025, sparking discussions on future industry impacts.

SEC’s Peirce Advocates Regulatory Clarity at Bitcoin 2025

by Solomon M.
June 1, 2025

SEC's Hester Peirce emphasizes regulatory clarity for digital assets at Bitcoin 2025, sparking industry discussions.

Wells Fargo Refunds Scam Victims Post Media Scrutiny

by Solomon M.
May 31, 2025

Wells Fargo refunds scam victims only after media intervention, raising consumer protection concerns.

Wells Fargo Refunds Scam Victims Post Media Probe

by Solomon M.
May 31, 2025

Wells Fargo refunds scam victims following media exposure, without formal policy change acknowledgment.

Wells Fargo Issues Refunds Post Media Intervention in Fraud Cases

by Solomon M.
May 31, 2025

Wells Fargo refunds scam victims after media pressure, highlighting cryptocurrency scam awareness.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.