Binance, the world's largest crypto exchange, said its Bahrain unit was granted a Category 4 license by the Central Bank of Bahrain, allowing it to offer a wider range of services to users in the Middle Eastern country.
- Binance Bahrain was granted a preliminary license in December and full license in March.
- The new ranking "will allow Binance Bahrain to provide a full range of crypto-asset exchange services," the company said on its website on Thursday.
- The exchange is the first crypto service provider to hold a full Category 4 license in the country, it said.
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