Bahrain Issues Crypto-Assets Draft Regulations
News

    19-Dec-2018

  • Bahrain Issues Crypto-Assets Draft Regulations
  • Source : Source: MENAFN
MANAMA - The Bahraini Central Bank announced the release of draft laws, aiming to control the operations of crypto-assets.
The move was seen as an indication of Bahrain's strong efforts to turn into a fintech hub within the region.
Bahrain's Central Bank released for consultation draft policies for crypto-asset platform operators, presenting rules for licensing and supervision of crypto-asset services.
 
The Bank further added that the regulations consist of acts aimed at protecting customer interests, technology standards and cyber security risk management.
 
Source: MENAFN
 
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