Cryptocurrency firm Binance today announced the launch of its Bahrain platform.

Following receipt of its license as a Crypto Asset Service Provider (CASP) in May 2022, Binance launches its Bahrain platform – binance.bh. The platform is fully regulated by the Central Bank of Bahrain, where Bahrain users can access Binance’s full range of regulated crypto-asset exchange services as well as local banking options, including direct deposits and withdrawals in local currencies, under the supervision of the Central Bank of Bahrain.

New users are able to sign up with the new regulated platform and get access to direct banking options and a range of regulated products and services.