Is crypto legal in Bahrain?
Cryptocurrency is legal in Bahrain, but subject to regulatory restrictions.
Western Asia · BH · 3 of 9 dimensions sourced
Bahrain crypto policy at a glance
Stage of the central bank digital currency programme — research, pilot, or launched.
Whether crypto is legal, restricted, or banned for individuals and businesses.
“The CBB has issued the Crypto-Asset Module which provides a regulatory framework for the licensing and supervision of crypto-asset services. Crypto-assets are not legal tender, but regulated activities may be carried out by licensed providers.”
Whether the jurisdiction licenses crypto/VASP service providers.
“The Central Bank of Bahrain has introduced a Crypto-Asset Services License for firms wishing to provide crypto-asset services in or from Bahrain.”
Rules governing stablecoin and e-money-token issuance.
How crypto gains are taxed and reported, including OECD CARF participation.
How decentralized finance (DeFi) is treated by regulators.
Whether NFTs are addressed in regulation.
Policy toward crypto mining — permitted, restricted, or banned.
Intensity of regulatory enforcement actions against crypto firms.
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