2019-3-5 02:35 |
Bahrain has invited Indian firms to help promote fintech and blockchain in the region
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In an attempt to boost Bahrain as a financial tech hub, the Middle Eastern country is seeking participation from Indian firms to become a part of the growing fintech space in the region. “Financial service sector is the second biggest contributor to the GDP behind oil and gas and the effort is to grow the […]
2019-3-5 01:05 | |
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A couple months ago, CCN reported that Bahrain had completed its draft regulations for cryptocurrencies. The Arab nation has now completed its finalized version of the same, and it hasn’t noted much change in its positive disposition.
2019-2-27 08:25 | |
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The Central Bank of Bahrain (CBB) has prepared draft rules designed to regulate digital assets and certain aspects of the country’s crypto industry. The move aims to establish Bahrain as a regional leader in the fintech sector and restore its role as a major banking hub in the Persian Gulf.
2018-12-15 01:30 | |
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X8 AG, a Swiss financial technology firm has successfully obtained Islamic scholars certification for its fiat and gold-backed cryptocurrency from Shariyah Review Bureau (SRB), an Islamic advisory firm licensed by the central bank of Bahrain, Reuters reports, November 12, 2018.
2018-11-14 22:00 | |
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The Reuters reported on Nov. 12th that X8 AG, a Swiss fintech company received Islamic finance certification for its stablecoin built on the Ethereum blockchain protocol. The firm was certified by the Shariyah Review Bureau (SRB), a respected Sharia consultancy and audit firm with a foothold in 12 countries including a license from Bahrain’s central bank.
2018-11-12 17:59 | |
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The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1. 23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact.
2018-10-14 23:00 | |
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