The Central Bank of Bahrain (CBB) has granted BPay Global B.S.C.(c), a payment services company in the Binance Group, a Payment Service Provider (PSP) licence to operate in the Kingdom of Bahrain. The licence allows BPay Global to provide fiat services to Binance customers globally, including fiat top-ups and withdrawals, custody and other payment services. It enables Binance customers to open an e-wallet and make fiat top-ups on the Binance platform via bank transfers and debit or credit card payments, and permits BPay Global to custody fiat on behalf of customers.
2025-04-09Central Bank of Bahrain
Central Bank of Bahrain grants Payment Service Provider licence to Binance Group’s BPay Global
The Central Bank of Bahrain has granted BPay Global B.S.C.(c), part of the Binance Group, a Payment Service Provider licence. This licence allows BPay Global to offer fiat services, including top-ups, withdrawals, and custody, to Binance customers worldwide.