Bahrain FinTech Bay (BFB), and Rain, the first licensed crypto-asset service provider in the Middle East by the Central Bank of Bahrain (CBB), have announced their partnership to continue to drive success in the crypto sector and reshape the future of finance in the region. Bahrain FinTech Bay and Rain will launch a series of initiatives, including a live crypto event that will kickstart this August, followed by educational workshops. Furthermore, the partnership will reinforce Rain’s outreach to crypto newcomers and enthusiasts in the Kingdom.
This synergy will empower us to continue playing role of raising awareness of the vast potential of cryptocurrencies to change finance globally. The Middle East is one of the fastest-growing cryptocurrency markets in the world, with a realization that this will be a pillar of the economy in the future. Rain is part of this shift and will continue to pave the way for the next generation. Rain will access a wealth of possibilities, which will further cement their status as one of the leading cryptocurrency trading platforms in the Middle East. The founding partnership with Rain allows us to achieve our collective vision of building a financial system that is accessible to everyone. Bahrain has made notable strides towards enabling a safe and regulated cryptocurrency industry, and we want to further contribute to this journey.