**Crypto.com Expands in MENA with Bahrain License**

Singapore-based Crypto.com is making waves in the MENA region, securing a full payment service provider license from the Central Bank of Bahrain (CBB). This new license allows Crypto.com to offer e-money and fiat services, including prepaid cards, across the Gulf Cooperation Council (GCC) states, which include the UAE, Bahrain, Kuwait, Oman, Qatar, and Saudi Arabia.

**Bahrain's Crypto-Friendly Environment**

Bahrain is becoming a hub for crypto innovation, with other exchanges like Binance and BitOasis also receiving licenses. Crypto.com’s COO, Eric Anziani, praised Bahrain’s balanced approach to regulation, fostering both consumer protection and commercial growth.

**Broader Expansion Efforts**

Crypto.com isn't stopping there. The exchange received a Virtual Assets Service Provider license from Dubai’s VARA in November, enhancing its presence in the UAE. Additionally, it has partnered with Standard Chartered Bank to offer fiat services in multiple currencies.

**Global Reach**

Crypto.com is already regulated in numerous countries, including Singapore, France, Australia, and the US. While it awaits approval in Hong Kong, it continues to expand its global footprint, recently registering in The Netherlands despite a hefty fine for previous unlicensed operations.

Stay tuned for more updates on Crypto.com’s global journey!