Regulated fintech in Bahrain enables crypto payments with Binance

México Noticias Noticias

Regulated fintech in Bahrain enables crypto payments with Binance
México Últimas Noticias,México Titulares
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

A new collaboration between Binance Pay and EazyPay enables 5,000 POS terminals and payment gateways in Bahrain to adopt crypto payments.

Cryptocurrency adoption continues growing in the Kingdom of Bahrain, with local companies enabling payments in crypto like Bitcoin .

EazyPay, an online payment platform regulated by the Central Bank of Bahrain , has partnered with Binance Pay to enable crypto payments in the country, EazyPay CEO and founder Nayef Tawfiq Al AlawiThe newly launched crypto payment option will be available in more than 5,000 point-of-sale terminals and online payment gateway across Bahrain, the CEO said.

Major local merchants and firms, including Lulu Hypermarket, Sharaf DG, Al Zain Jewelry and Jasmi’s, will be able to accept more than 70 cryptocurrencies as payment by scanning the QR code from Eazy’s POS using Binance App. Al Alawi emphasized that ‎‏Eazy Financial Services is licensed and regulated by Bahrain’s central bank as the fifth POS and online payment gateway acquirer and payment services provider.

“Special thanks go to the Central Bank of Bahrain, Binance and Eazy Financial Services,” he noted. Khalid Hamad Al Hamad, executive director of the banking supervision at the CBB, also

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Cointelegraph /  🏆 562. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

ADB: Rate hikes, Ukraine war, China woes dim Asia growth outlookADB: Rate hikes, Ukraine war, China woes dim Asia growth outlookThe Asian Development Bank (ADB) on Wednesday cut its growth forecasts for developing Asia for 2022 and 2023 amid mounting risks from increased centra
Leer más »

How to Transfer Crypto From Binance to Trust Wallet | Binance BlogHow to Transfer Crypto From Binance to Trust Wallet | Binance BlogLearn how to transfer your crypto from the Binance Exchange to your Trust Wallet and securely store your funds in a non-custodial crypto wallet.
Leer más »

Back to Crypto With Binance | Binance BlogBack to Crypto With Binance | Binance BlogEducation is key. With the school period starting up again, it could be a good time to rewind and dial-in on improving your crypto knowledge. Here are some tips to keep in mind 👇
Leer más »

Polygon and Avalanche Now Support Binance's BUSD StablecoinPolygon and Avalanche Now Support Binance's BUSD StablecoinBinance USD (BUSD), Binance’s house-own stablecoin, is now available on Avalanche and Polygon
Leer más »



Render Time: 2025-03-07 11:08:20