U.S. markets closed
  • S&P 500

    3,923.68
    -165.17 (-4.04%)
     
  • Dow 30

    31,490.07
    -1,164.52 (-3.57%)
     
  • Nasdaq

    11,418.15
    -566.37 (-4.73%)
     
  • Russell 2000

    1,774.85
    -65.45 (-3.56%)
     
  • Crude Oil

    109.06
    -3.34 (-2.97%)
     
  • Gold

    1,814.60
    -4.30 (-0.24%)
     
  • Silver

    21.39
    -0.36 (-1.66%)
     
  • EUR/USD

    1.0469
    -0.0086 (-0.82%)
     
  • 10-Yr Bond

    2.8860
    -0.0820 (-2.76%)
     
  • GBP/USD

    1.2340
    -0.0153 (-1.22%)
     
  • USD/JPY

    128.2290
    -1.1290 (-0.87%)
     
  • BTC-USD

    29,050.41
    -1,113.75 (-3.69%)
     
  • CMC Crypto 200

    649.06
    -21.62 (-3.22%)
     
  • FTSE 100

    7,438.09
    -80.26 (-1.07%)
     
  • Nikkei 225

    26,911.20
    +251.45 (+0.94%)
     

Crypto exchange Binance gets in-principle nod from Bahrain

·1 min read
FILE PHOTO: Illustration shows representation of Binance cryptocurrency exchange token

DUBAI (Reuters) - Binance has received in-principle approval from the Central Bank of Bahrain (CBB) to become a crypto-asset service provider in the kingdom, the company said on Monday.

Binance, the world's biggest cryptocurrency exchange by trading volume, said the in-principle approval came after the company applied for a licence from the CBB as part of its plans to become a fully regulated centralised cryptocurrency exchange.

Binance still had to complete the full application process, the company said in a statement, which it said it expected to happen in due course.

(Reporting by Hadeel Al Sayegh; Editing by Nick Macfie)