Versions

 

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) A branch resident in Bahrain of a company incorporated under the laws of its territory of incorporation.
B. For undertaking Category-4 regulated crypto-asset services (Licensed crypto-asset exchange)
(i) A Bahraini joint stock company (B.S.C.); or
(ii) A branch resident in Bahrain of a company incorporated under the laws of its territory of incorporation.
Added: April 2019