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.
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