Bahrain’s CBB grants licence to new payment service provider
The Central Bank of Bahrain (CBB) has officially granted a Payment Service Provider (PSP) license to BPay Global B.S.C.(c), a subsidiary of the Binance Group. This makes BPay the first Binance-affiliated entity to secure a PSP license globally, underlining Bahrain’s commitment to fostering a forward-looking and inclusive regulatory environment for fintech and crypto innovation. To […]
Al Ansari completes acquisition of Bahrain’s BFC Group
Al Ansari Financial Services, one of the leading integrated financial services groups in the UAE and the parent of Al Ansari Exchange, announced the successful completion of its acquisition of BFC Group Holdings after receiving all the required regulatory approvals. This transformative $200 million transaction expands AAFS’s presence across Bahrain, Kuwait and India. To read […]
Bahrain launches hotline for Golden Residency
As part of the Bahrain government’s efforts to attract exceptionally talented individuals and investment into the Kingdom of Bahrain, a dedicated website (www.goldenresidendy.gov.bh) and a hotline (+973 17484000) was launched to provide information on its Golden Residency Program. To read more click here.
