CoinMENA is going to be launched soon, as the Bahrain-based crypto exchange has been given operational license by Bahrain Central Bank.
The exchange has also been certified by the Sharia Review Bureau, making it the first sharia-compliant cryptocurrency exchange to launch in Bahrain.
The official announcement revealed that CoinMENA has met all the security, operational, and technical requirements to operate as a crypto exchange in the country.
When it goes live, the crypto exchange hopes to provide services in 5 major crypto assets, including Ethereum, Bitcoin, Litecoin, Bitcoin Cash, and Ripple. However, CoinMENA hopes to add more other options in the future.
The crypto exchange will offer its services to both institutional and retail clients. For larger transactions, it will be providing an OTC Desk to facilitate a faster transaction.
Read more: https://insidebitcoins.com/news/first-sharia-compliant-crypto-exchange-approved-by-bahrain-central-bank
