Binance Holdings we’re able to get partial approval from the Central Bank of Bahrain to operate within the Kingdom as a service provider for crypto assets. In order to get the full approval, the company will need to succeed initially to receive full approval from a regulator in the MENA Region
Binance is currently the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands. This would be a huge step for the platform if they get the final approval to operate in the MENA Region.
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