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  • Transaction with Unknown Counterparties

    • CRA-4.1.9

      A licensee should take reasonable measures to avoid transactions with another crypto-asset entity, infrastructure or service provider where the counterparty is unknown or anonymous (e.g., via certain peer to peer or decentralised exchanges) at any stage of its business process.

      Added: April 2023

    • CRA-4.1.10

      In accordance with the reporting requirements under Section 8.1, specifically SIO-8.1.1 and SIO-8.1.7, of the Stablecoin Issuance and Offering (SIO) Module, licensees providing services in approved stablecoins to their clients must provide necessary information as required under SIO-8.1.1 to the stablecoin issuer. The information must be calculated as this information stands on the following reporting reference dates: 31stMarch, 30thJune, 30thSeptember and 31stDecember and the report must be submitted to the stablecoin issuer no later than 7 days from the end of the respective reporting period. The value of the transactions referred to in Paragraph SIO- 8.1.1(c) and (d) must be reported in Bahraini Dinar by using the relevant exchange rate applicable at the end of each calendar day during the applicable reporting period.

      Added: July 2025