BitMEX Backs First Fully Regulated Crypto Exchange in Bahrain

  • BitMEX Backs First Fully Regulated Crypto Exchange in Bahrain
  • It’s backed by investments from Kuwaiti crypto fund Blockwater and BitMEX Ventures, the venture capital arm of the leading crypto derivatives platform, Bitcoin Mercantile Exchange.
  • In early 2017, Rain’s representatives held discussions with senior members of Bahrain’s central bank regarding plans to launch a compliant digital asset exchange.
  • Hayes adds that Rain will bring “greater diversification” to the Middle East’s financial industry with its regulated crypto exchange platform and experienced team members.

Read full article: dailyhodl.com