Rain Gains License to Operate Crypto Exchange in Bahrain

BitMEX-backed crypto exchange Rain on Wednesday announced that it received the crypto-asset module (CRA) license from the Central Bank of Bahrain (CBB) to offer digital asset trading services in the region. ...

Bahrain to Introduce Cryptocurrency Regulations

Once a hub for the financial services industry in the Middle East, Bahrain has been losing out to other Gulf nations, particularly Qatar and the United Arab Emirates, in recent years. Perhaps trying to recov...

Islamic Council Approves New Swiss Stablecoin

A financial firm has received approval from Islamic scholars to offer stablecoins in the Middle East, according to Reuters. Cash and Gold The firm is called X8 AG, and the product is an Ethereum-base cryp...