The approval came after Binance applied for a license as it 'plans to become a fully-regulated centralized cryptocurrency exchange.' crypto bitcoin
Crypto Exchange Binance Receives Approval in Bahrain — Plans to Become Regulated, Centralized Worldwide
The in-principle approval comes after Binance applied for a license from the CBB as part of its plans to become a fully-regulated centralized cryptocurrency exchange. According to the crypto exchange, the CBB is the “first regulator in the Middle East North Africa region to grant an in-principle approval to a Binance entity.”
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