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  • Executive Summary

    • SIO-A.1.1

      Module SIO formulates the regulatory framework of the Central Bank of Bahrain (‘CBB’) to govern the issuance and offering of stablecoins in/from the Kingdom of Bahrain. These regulations are issued pursuant to the authority of the CBB under Article 37 to establish and enforce rules, while meeting the specific requirements of Part 4 of the Central Bank of Bahrain and Financial Institutions Law of 2006 (“CBB Law”). The requirements pertaining to licensing, issuance and offering of stablecoins to public are outlined in this Module. Licensed stablecoin issuers are also subject to other relevant Modules of the CBB Rulebook Volume 6.

      Added: July 2025

    • SIO-A.1.2

      The requirements of this Module must be read together with other relevant law, rules, regulations including the AML/CFT Law and the following Modules of CBB Rulebook Volume 6:

      (a) Anti-Money Laundering and Combating Financial Crime Module;
      (b) Fit and Proper Requirements Module;
      (c) High Level Control Module of Volume 6.
      Added: July 2025