Bahrain Approves Bitcoin, Crypto Payments For Over 5,000 Merchants
Bahrain’s central bank approved a partnership between EazyPay and Binance enabling 5,000 POS and online payment gateways to accept bitcoin and crypto.The Kingdom of Bahrain approved EazyPay to enable Bitcoin payments for over 5,000 merchants in the MENA region. EazyPay partnered with Binance enabling instant POS and online payments in bitcoin and crypto. Bahrain recently began testing bitcoin payments through the central bank’s financial services testing platform.The Central Bank of Bahrain (CBB) has approved EazyPay, an online payments platform, to launch Bitcoin and cryptocurrency....
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The Central Bank of Bahrain has given EazyPay a green signal to conduct crypto payments and also launch Bitcoin in the region. EazyPay is an online payment gateway platform. This was announced by the CEO of EazyPay, Nayef Alawi. EazyPay has now partnered with Binance, which is a renowned crypto exchange along with a payment […]
The Central Bank of Bahrain gives the nod to EazyPay, launching crypto payments for more than 5,000 payment gateways in the country. Cryptocurrency adoption continues growing in the Kingdom of Bahrain, with local companies enabling payments in crypto like Bitcoin (BTC).EazyPay, an online payment platform regulated by the Central Bank of Bahrain (CBB), has partnered with Binance Pay to enable crypto payments in the country, EazyPay CEO and founder Nayef Tawfiq Al Alawi announced on Wednesday.The newly launched crypto payment option will be available in more than 5,000 point-of-sale (POS)....
Opennode, a bitcoin payment infrastructure firm, recently said it will run trials of its bitcoin processing and payout solution through the Central Bank of Bahrain’s regulatory sandbox. According to Dalal Buhejji, an executive director with the Bahrain Economic Development Board, the central bank’s sandbox helps to ensure that fintechs will continue to innovate and adhere to best regulatory practices.
Helping Grow Bahrain’s Economy
A bitcoin payment infrastructure company, Opennode, has said it intends to “test a bitcoin payment processing and payouts....
Bahrain’s Prince Salman bin Hamad Al Khalifa met with Binance CEO ChangPeng Zhao to discuss crypto adoption further. The world’s largest cryptocurrency exchange, Binance has now been granted the license required to operate within Bahrain by the Central Bank of the country. Binance shall now be eligible to provide services such as crypto trading, portfolio […]
Ripple (XRP) is expanding its global reach once again, this time entering the Kingdom of Bahrain through a new partnership with Bahrain Fintech Bay (BFB). At the same time, new data shows that corporate XRP treasuries have climbed above $11.5 billion following a fresh purchase from Reliance Global. Ripple Expands Into Bahrain, Strengthening Its Middle […]