US EditionBahrain Introduces Regulatory Framework for Stablecoin Issuers - Fintechnews Middle East
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Bahrain Introduces Regulatory Framework for Stablecoin Issuers - Fintechnews Middle East
The Central Bank of Bahrain (CBB) has introduced a regulatory framework for licensing and overseeing stablecoin issuers, aimed at supporting the secure integration of stablecoins into the financial system. Under the new guidelines, licensed issuers may offer single-currency stablecoins backed by the Bahraini Dinar (BHD), United States Dollar (USD), or other fiat currencies approved by the CBB. The framework is designed to address the risks posed…
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