SIO-1.2.3
With regards to Paragraph SIO-1.2.1(c) above, the CBB while determining the suitability of stablecoins backed in any other fiat currencies (other than Bahraini Dinar and US Dollar), will take into consideration various factors including but not limited to the stabilisation mechanism as well as the availability of high quality and highly liquid with minimal market, credit and concentration risk reserve assets in those currencies.
Added: July 2025