Central Bank of Bahrain Grants PSP License to Binance's BPay Global for Fiat Services

The Central Bank of Bahrain (CBB) has granted a payment service provider (PSP) license to BPay Global, a subsidiary of Binance Group, allowing the company to operate in the Kingdom of Bahrain. This license enables BPay Global to provide fiat services to Binance customers worldwide, including the facilitation of fiat deposits. The announcement was made through multiple sources, confirming the regulatory approval for BPay Global's operations in Bahrain.

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