Aquanow Partners with Bahrain Central Bank Regulated Bank SGB to Bridge the Gap Between Cryptocurrency and Fiat Currency

Crypto financial service provider Aquanow has just announced a significant partnership—a strategic agreement with Seera Bank (SGB), a digital bank regulated by the Central Bank of Bahrain, to provide more compliant and efficient banking services for the digital asset industry. In simple terms, Aquanow's clients (such as exchanges and institutional investors) will be able to seamlessly exchange between cryptocurrencies and traditional fiat currencies, open regulated USD accounts directly, and achieve round-the-clock real-time settlement through the SWIFT network.

The key to this collaboration lies in compliance and global liquidity. As a bank approved by the Central Bank of Bahrain, SGB ensures that the flow of funds meets regulatory requirements, while Aquanow provides deep liquidity on the digital asset side. This means institutional clients can enter and exit the crypto market more securely, such as directly buying and selling BTC and ETH with USD, or conducting multi-currency transfers globally 24/7, without being restricted by traditional bank operating hours.

For the industry, this is yet another case of the integration of 'crypto + traditional finance.' In recent years, many exchanges and funds have struggled with limited banking channels, but now service providers like Aquanow are gradually breaking through this bottleneck. Bahrain, as a fintech hub in the Middle East, has a relatively open regulatory environment, and this collaboration reflects the local acceptance of digital assets. If progress goes smoothly, more banks and crypto service providers may follow suit with similar models, allowing for freer movement of funds.