Binance gets its First Gulf Crypto License in Bahrain

The world’s largest cryptocurrency exchange Binance has been given a crypto-asset service provider license by Bahrain’s central bank, its first such license in the Gulf Cooperation Council (GCC), the company and the bank said on Tuesday.
“The license from Bahrain is a milestone in our journey to being fully licensed and regulated around the world,” said Binance Chief Executive Officer CEO Changpeng Zhao in a joint statement with Bahraini authorities.