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SIO-14.3.7

In extreme circumstances, where the CBB believes that immediate action is required to prevent real damage to Bahrain’s financial markets, its users or to customers of the stablecoin issuer concerned, it may cancel or amend a license, as specified in Article 48(g) of the CBB Law, or place a stablecoin issuer under administration according to Article 130(2) of the CBB Law, or suspend a license according to Article 131 of the pre-mentioned Law. These measures may be used in conjunction with directions.

Added: July 2025