According to Foresight News, the Central Bank of Bahrain has issued a PSP license to BPay Global, a payment company under Binance. This PSP license will allow the company to provide fiat currency services to Binance users, including fiat deposits and withdrawals, custody, and other payment services. Users will be able to open electronic wallets and make fiat deposits on Binance through bank transfers and debit/credit card payments.
Bahrain Central Bank issues PSP license to Binance-owned payments company BPay Global
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