Jurisdiction reference
Bahrain
Regulator: CBB. License/registration context: Licensing. 15 VASP/entity records are tracked by Plexo Institute in Bahrain. Official registry source: CBB Crypto Licensees. Data last updated: 2026-09-24.
Bahrain has pioneered a stablecoin regulation regime via the SIO Module (Rulebook Volume 6) effective July 2025. It tightly regulates issuance, supply control, minting/burning, reserve asset management, custody, redemption, audits, governance, and transparency. Algorithmic models are expressly barred.
Regulatory Status
- Jurisdiction code
- BH
- Regime
- Licensing
- Regulator
- CBB
- Governing law
- CBB Crypto-Asset Module 2019
- Travel Rule
- Enforced
- Tracked entities
- 15
- Recognized stablecoin backing
- fiat-backed, crypto-backed, commodity-backed, algorithmic
- Yield-bearing stablecoins
- Restricted
- Currency
- BHD
Licensed entities in Bahrain
Showing 6 of 15 regulated-entity records tracked in Bahrain by Plexo Institute.
| Entity | Status | License type |
|---|---|---|
| BitBahrain | Licensed | Crypto-Asset Service |
| CoinDCX | Provisional | Crypto-Asset Service |
| Crypto.com | Licensed | Crypto-Asset Service |
| OKX Bahrain | Licensed | Crypto-Asset Service |
| Rain Financial B.S.C | Licensed | Crypto-Asset Service |
| Taurus | Licensed | Crypto-Asset Service |
Browse all 15 records in the regulated-entity registry, including the remaining 9 in Bahrain.
Stablecoin laws in Bahrain
Primary legal texts Plexo Institute tracks for Bahrain.
- Stablecoin Issuance & Offering (SIO) Module (enacted 2025-07-01)
Introduces a comprehensive regime for licensing, reserve backing, audits, segregation, redemption, cybersecurity, and governance for fiat-backed stablecoins. Algorithmic and crypto- or commodity-backed models are excluded.
Relationship Graph
Jurisdiction FAQ
Who regulates Bahrain?
The current Plexo Institute record lists CBB as the regulator for Bahrain.
How many VASPs are tracked in Bahrain?
15 VASP/entity records are tracked by Plexo Institute in Bahrain.
What is the Travel Rule status in Bahrain?
The current Plexo Institute record lists the Travel Rule status for Bahrain as Enforced.
Source Evidence
This profile is compiled from official legislation and regulator records. Source confidence: official source evidence.