Crypto.com has secured a payment service provider (PSP) license from the Central Bank of Bahrain (CBB). This license allows the crypto exchange to offer e-money and fiat-based payment services, including its prepaid cards, in the region. The approval adds to Crypto.com’s growing list of regulatory approvals worldwide, further solidifying its global presence. Meanwhile, Amber Group’s Dubai-based subsidiary, Amber Premium FZE, has obtained in-principle approval for a virtual asset service provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). This approval allows Amber Premium FZE to provide various virtual asset services in compliance with UAE regulations. The milestone highlights Amber Group’s commitment to regulatory compliance and responsible growth.
Courtesy to Bitcoin News
Crypto.com Gets Bahrain License, Amber Group Approved in Dubai
