Central Bank of Bahrain Issues Draft Regulations on Virtual AssetsCentral Bank of Bahrain Issues Draft Regulations on Virtual Assets
By Mary Kihoro - December 14, 2018

The Central Bank of Bahrain has reportedly has issued draft rules that will govern digital asset operators in the country. The rules will touch on licensing and supervision of virtual asset platforms. The country that sees blockchain as huge opportunity has been on the forefront of embracing the technology and providing a suitable environment for it to flourish. The regulation encompass measures to safeguard investors and manage cyber security risks.