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Binance Attains Full Operation License From the Kingdom of Bahrain -Breaking

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The Kingdom of Bahrain grants Binance a full operation license
  • Binance Bahrain’s operation license has been upgraded to Category 4.
  • This is the exchange’s first full Category 4 License.
  • Binance Bahrain can provide full-service crypto-asset trading services under a Category 4 license.

Binance, the biggest cryptocurrency exchange, has been granted a category 4 license by the Central Bank of Bahrain (CBB), to allow it to be operated as a cryptoasset service provider (CASP).

The official Binance website announced this development today, Thursday May 26th, 2022. Binance was the first cryptocurrency exchange to receive a Category 4 license by the CBB. The preliminary license was granted to Binance in December 2017.

Binance Bahrain has been granted this license to allow them to provide a greater range of services for crypto traders in Bahrain. Binance will offer i…

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