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Binance Subsidiary BPay Global Receives License From Bahrain’s Central Bank

  • Binance's subsidiary BPay Global has received a license from Bahrain's Central Bank.
  • The approval allows BPay Global to operate within the Kingdom of Bahrain and provide fiat services for Binance users globally.
  • This regulatory advancement is a positive step for Bahrain's digital payments ecosystem and its support for the crypto-related sector.
  • Binance has faced regulatory challenges in the past, but is now focused on compliance and adhering to regulations.

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