Bahrain Central Bank issues PSP license to Binance's payment company BPay Global

Foresight News reported that the Central Bank of Bahrain has issued a PSP license to BPay Global, a payment company under Binance. The PSP license will allow the company to provide fiat services to Binance users, including fiat recharge and withdrawal, custody, and other payment services. Users can open an electronic wallet and recharge fiat currency on Binance through bank transfers and debit/credit card payments.