Manama, April 10 -- The Central Bank of Bahrain (CBB) has granted BPay Global B.S.C.(c) (BPay Global) a Payment Service Provider (PSP) license to operate in the Kingdom of Bahrain.

BPay Global is a payment services company in the Binance Group. The PSP license will allow the company to provide fiat services to Binance customers globally, including fiat top ups and withdrawals, custody and other payment services. This will enable Binance customers to open an e-wallet and make fiat top ups on the Binance platform through bank transfers and debit/credit card payments. The license will also allow BPay Global to custody fiat on behalf of customers.

"We are pleased to announce the issuance of a license to a new payment service provider in Bah...