Crypto.com expands in MENA đ§đ
- Crypto.com receives license from Central Bank of Bahrain (CBB) to provide e-money and fiat services in GCC (UAE, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia).
- Bahrain is a dynamic regulatory hub, licensing Binance, BitOasis, Rain and CoinMENA.
- CBB has a regulatory sandbox, attracting OpenNode and JPMorgan.
- Crypto.com also receives license from Dubaiâs VARA and partners with Standard Chartered Bank in UAE.
- Regulated in multiple countries including Singapore, France, Australia, UK, US, Canada, South Korea.
- Registered in the Netherlands but fined $3 million for operating without a license.
What do you think about this expansion? Comment! đŹ
