🇧🇭 MAJOR STEP: Bahrain Rolls Out First Regional Stablecoin Framework 💥
The Central Bank of Bahrain (CBB) just dropped a game-changing move — launching the region’s first stablecoin rulebook under its new SIO (Stablecoin Issuance and Oversight) module.
From now on, stablecoin issuers must:
✅ Get licensed for fiat-backed coins (BHD, USD, etc.)
🔍 Maintain 1:1 liquid reserves + pass annual audits
🔒 Operate under strict regulatory oversight — even for yield-bearing models
🚨 This puts Bahrain ahead of the UAE in the regulatory race — and positions the Gulf as a serious contender in the stablecoin economy.
Is the Middle East becoming the next crypto-finance powerhouse? 💵👀
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