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Binance Subsidiary Awarded Bahrain Payment Service Provider License

2025-04-10 08:26

BlockBeats News, April 10th, the Central Bank of Bahrain (CBB) has granted a Payment Service Provider (PSP) license to Binance subsidiary BPay Global to operate in the Kingdom of Bahrain. The PSP license will allow the company to offer fiat currency services to Binance's global customers, including fiat deposits and withdrawals, custody, and other payment services. This is also the first PSP license obtained by a Binance subsidiary.

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