Bahrain in Talks to Attract Crypto Firms Amid Regional Rush

Bahrain is making more of an attempt to establish itself as a major force in the Middle East’s digital asset market. In an effort to draw in new companies and investment, regulators are reportedly in discussions with investment managers and cryptocurrency companies. Bahrain is trying to establish a niche for itself by providing a regulated, innovation-friendly environment to international fintech and cryptocurrency companies, as its neighbours, the United Arab Emirates and Saudi Arabia, are already making significant strides in the field.