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  • CRA-2.1 CRA-2.1 Condition 1: Legal Status

    • CRA-2.1.1

      The legal status of a licensed crypto-asset service licensee must be:

      (a) For undertaking Category-1, Category-2 and Category-3 regulated crypto-asset services
      (i) A Bahraini company with limited liability ("W.L.L."); or
      (ii) A Bahraini joint stock company (B.S.C.); or
      (iii) [This Subparagraph was deleted in April 2023].
      (b) For undertaking Category-4 regulated crypto-asset services (Licensed crypto-asset exchange)
      (i) A Bahraini joint stock company (B.S.C.); or
      (ii) [This Subparagraph was deleted in April 2023].
      Amended: April 2023
      Added: April 2019

    • CRA-2.1.2

      [This Paragraph was deleted in April 2023].

      Deleted: April 2023
      Added: April 2019