Crypto Leader Binance Enters Bahrain
Binance, a leading global blockchain services provider, has launched binance.bh, a new and regulated platform where users can access its range of regulated products and services, including direct top ups and withdrawals, in local currencies.
To celebrate the launch of binance.bh, Binance hosted a launch event at the Bahrain Institute for Banking and Finance (BIBF) with the presence of Changpeng Zhao (CZ), co-Founder and CEO of Binance, and other prominent regional and international figures and personalities in the financial annals.
Tameem Al Moosawi, General Manager Binance Bahrain, welcomed attendees with an opening speech, followed by an engaging and insightful fireside discussion between Humaidan and CZ on topics of interest such as the state of the Middle East’s crypto market, the financial services sector’s landscape and enabling innovation, and the region’s future opportunities to become a global crypto hub.
Binance sees Bahrain as a key business hub that will provide opportunities for growth and employment across the board. Furthermore, Binance’s focus on robust compliance and security controls, as well as its commitment to working closely with regional regulators to champion user protection and market integrity, have allowed the company to establish a strong foothold in the GCC and contribute to the region’s status as a fast-emerging global crypto asset hub, according to the company.
(With inputs from Shikha Singh)
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