Is Bahrain the Next Crypto Hub? Binance’s CZ Thinks So!

The post Is Bahrain the Next Crypto Hub? Binance’s CZ Thinks So! appeared first on Coinpedia Fintech News

At the Second Gulf Investment Forum in Bahrain on November 3, Binance founder Changpeng Zhao (CZ) shared exciting news about the country’s growing support for cryptocurrencies. Although Bahrain isn’t known for being crypto-friendly, Binance has just received both a cryptocurrency and banking license from the Central Bank of Bahrain. CZ also mentioned that while Hong Kong is exploring Real-World Assets (RWAs), the small price changes make it hard to create enough trading volume in the secondary market. This could be a big step for Bahrain as it aims to become a key player in the crypto world!