No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
  • PSL 8
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
  • PSL 8
No Result
View All Result
No Result
View All Result

Bahrain provides Binance with its first Gulf service licence

News Desk by News Desk
March 15, 2022
in Latest News, Tech, Top News, World
Reading Time: 1 min read
Binance assures cooperation to FIA for scam investigation
Share on FacebookShare on Twitter

The Bahrain central bank has provided the crypto-asset service licence to Binance, the largest cryptocurrency exchange. This is the first collaboration of Binance with a member of the Gulf Cooperation Council (GCC).

Chief Executive Officer (CEO) of Binance Changpeng Zhao called the event a milestone for the company. He added that users would be protected under the counter-terrorism finance and anti-money laundering policies. Binance has faced a ban across the world from multiple financial regulators.

Through the licence by Bahrain, the crypto exchange will be able to continue trading of crypto-assets, manage portfolios, and provide custodial services.

Earlier in December, Binance and Dubai World Trade Centre Authority (DWTCA) had signed a cooperation deal to create a virtual asset ecosystem.

Related

News Desk

News Desk

Related Posts

Amir, Shaheen, Wahab and Wasim on fast bowlers in HBL PSL
Latest News

Amir, Shaheen, Wahab and Wasim on fast bowlers in HBL PSL

February 6, 2023
Fakhar, Haris and Sharjeel on making of aggressive openers
Latest News

Fakhar, Haris and Sharjeel on making of aggressive openers

February 6, 2023
How To Delete Instagram Account?
How-To Guides

How To Delete Instagram Account?

February 6, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

TOP NEWS

Amir, Shaheen, Wahab and Wasim on fast bowlers in HBL PSL

Amir, Shaheen, Wahab and Wasim on fast bowlers in HBL PSL

by Press Release
February 6, 2023

LAHORE: The HBL Pakistan Super League has been synonymous with high-quality fast bowling since its inception in 2016. A distinct...

Fakhar, Haris and Sharjeel on making of aggressive openers

Fakhar, Haris and Sharjeel on making of aggressive openers

by Press Release
February 6, 2023

LAHORE: One of the most crucial aspects in T20 cricket is to start strongly as gaining an early momentum in...

Earthquake Turkiye Syria

Earthquake of over 7 magnitude jolts Turkiye and Syria

by Zain Aijaz
February 6, 2023

ANKARA/DIYARBAKIR: On Monday, an earthquake of 7.9 magnitude jolted North-West Syria and Central Turkiye. Several buildings collapsed in the region;...

Pakistani rupee reaches to historic low of Rs276 against US dollar in interbank market

Pakistani rupee reaches to historic low of Rs276 against US dollar in interbank market

by Zain Aijaz
February 3, 2023

KARACHI: With each passing day, the Pakistani rupee is losing its value in the currency market. Not only that but...

The Upcut is a news platform that brings you the latest news, developments from all walks of life, from all over the world. We cover Business, news from Pakistan and rest of the world, Sports, and Entertainment. You can also read Tech Reviews and How-To Guides for simple solutions and dailylife hacks.

BUSINESS   |   NATIONAL   |   WORLD   |   SPORTS   |   ENTERTAINMENT   |   TECH   |   HOW-TO GUIDES

  • Home
  • About Us
  • Privacy Policy
  • Editorial Guidelines
  • Contact Us
  • Stories

Copyright © 2022 The Upcut. All rights reserved.

No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
  • PSL 8

Copyright © 2022 The Upcut. All rights reserved.