Bank of Bahrain And Kuwait and Binance Bahrain Pave The Way for a CaaS Integration With Landmark MOU

2026-01-15

Main Takeaways

  • Bank of Bahrain (BBK) is going to be the first bank in the Gulf region to join the Binance Link Program.

  • BBK customers will soon be able to trade and manage crypto directly within the BBK Mobile App, supported by Binance Bahrain’s white-label Crypto-as-a-Service technology solution following the necessary regulatory approvals.

  • This collaboration strengthens Bahrain’s vision to be a regional hub for crypto-asset trading and advances Binance Bahrain’s mission to make crypto accessible at scale.

With digital finance evolving rapidly in the Gulf, Bank of Bahrain And Kuwait (BBK), a leader in the retail and corporate banking sector in Bahrain, has signed a Memorandum of Understanding (MoU) with Binance Bahrain. In doing so, it has become the first bank in the GCC to join the Binance Link Program, utilizing Binance’s Crypto-as-a-Service technology solution to bring a first-of-its-kind experience to its customers. 

The partnership, which is pending final regulatory approval from the Central Bank of Bahrain (CBB), was announced at the Gateway Gulf Investment Forum Bahrain 2025, marking a major step forward for the region’s crypto ecosystem.

Seamless In-App Crypto Access

Through this partnership, BBK will integrate Binance Bahrain’s premium white-label Crypto-as-a-Service technology solution directly into its mobile banking app. Using plug & play APIs, customers will soon be able to trade and manage crypto assets seamlessly without needing to create a separate Binance account. A dedicated dashboard within the BBK app will allow BBK users to view holdings, execute transactions, and manage digital assets alongside traditional investments – all in one place.

“This partnership reflects BBK’s commitment to innovation and customer-centric digital transformation,” said Yaser Alsharifi, Group Chief Executive of BBK. “By integrating Binance’s capabilities into our mobile platform, we are empowering our customers with secure, convenient access to a broader range of investment opportunities.”

Tameem Al Moosawi, General Manager of Binance Bahrain, noted: “We are proud to collaborate with BBK on this groundbreaking initiative. This not only enhances financial inclusion but also reinforces Bahrain’s position as a regional leader in crypto-asset innovation.”

Catherine Chen, Head of VIP & Institutional at Binance, added, “As demand for crypto assets rises globally, we are pleased to collaborate with BBK to help them offer these assets to their clients at scale, unlocking new growth potential.” 

Final Thoughts

By combining BBK’s trusted banking platform with Binance Bahrain’s crypto expertise, this partnership supports Bahrain’s vision to become a leading regional hub for crypto trading while advancing BBK’s embedded banking strategy. Beyond innovation, it advances Binance’s mission to make crypto accessible at scale, showing how collaboration between pioneers in banking and blockchain technology can unlock smarter, faster, and more inclusive financial experiences for everyone.

Further Reading

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