Binance’s BPay Global Earns First Global Payment Service Provider (PSP) License in Bahrain

Binance subsidiary BPay Global has received the first Payment Service Provider (PSP) license from the Central Bank of Bahrain (CBB), granting customers secure access to fiat payment services globally. This groundbreaking move positions BPay Global as the first Binance-owned firm with this license, signifying a significant step in integrating traditional finance into digital asset services.