Crypto.com Announces Obtaining a Bahrain Payment Service Provider License

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September 19, 2024
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Crypto.com Secures Full Approval to Offer Payment Services in Bahrain

ChainCatcher reports that Crypto.com has announced on the X platform that it has received full approval from the Central Bank of Bahrain to operate as a Payment Service Provider (PSP) through its registered subsidiary in Bahrain, "FORIS GFS BH B.S.C.Close."

With the PSP license in hand, Crypto.com can now expand its e-money and fiat-based payment services in the region, including the launch of its prepaid cards.

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