Tokenization & crypto licensing in Bahrain
1 official register read, 10 entries from Central Bank of Bahrain.
Buying crypto in Bahrain: what to know
Legal- Central Bank of Bahrain (CBB) — Licenses crypto-asset service providers (Rulebook Vol. 6, CRA Module) and stablecoin issuers (SIO Module, July 2025)
Bahrain has no personal income tax and no capital gains tax for individuals, so private gains and yield on crypto and tokenized assets are not taxed.
Gains: 0% (no personal income tax)
- Check the CBB licensing directory; a licence category limits which services a firm may offer.
- A CBB licence does not cover services a group offers from other jurisdictions.
- Residents of other countries may owe tax at home.
Checked 2026-10-29 · Confidence: medium · Sources: [1][2][3]
Not confirmed: Rain, Binance and CoinMENA licences confirmed only by news reports, not in the CBB directory text. · Claim that unlicensed firms may not market stablecoin issuance from Bahrain: not stated on the CBB page, removed. · No personal income tax is general knowledge; nbr.gov.bh blocked automated access. · CBB Rulebook (cbben.thomsonreuters.com) blocked automated access; source removed.
Compiled to the best of our knowledge from the sources linked. Information, not tax or legal advice. Rules change — check the linked official sources before acting.
Found an error or something out of date? Tell us at [email protected] — we check and correct it.
Who offers tokenization and crypto services in Bahrain
Crypto-asset service providers (VASPs/CASPs) in Bahrain are registered with the Central Bank of Bahrain (CBB). Its register „CBB Register — Capital Markets › Crypto-Asset Services Cat. 1–4 and Stablecoin Issuer“ lists 10 companies (read 2026-10-14). The conditions for registering are set by the authority — its own list is the source.
- BitOasis Bahrain W.L.L
- ARP Digital Bahrain B.S.C. (c)
- COINMENA B.S.C. (c)
- Fasset Financial Services W.L.L.
- Rain Management W.L.L.
- Waterfort Bahrain B.S.C. (c)
- ATME B.S.C.(c)
- Binance Bahrain B.S.C. (c)
- Boxwind BH B.S.C. (c)
- AX Coin Bahrain B.S.C. (c)
Where are crypto companies and VASPs registered in Bahrain?
With the Central Bank of Bahrain (CBB). Its register “CBB Register — Capital Markets › Crypto-Asset Services Cat. 1–4 and Stablecoin Issuer” lists 10 companies (read 2026-10-14), for example BitOasis Bahrain W.L.L, ARP Digital Bahrain B.S.C. (c), COINMENA B.S.C. (c), Fasset Financial Services W.L.L.. The requirements for registering are set by the authority; its own list is the source: https://www.cbb.gov.bh/licensing-directory/
What the authorities publish — and what we read
Status: Public register, read. Every address below was loaded, not guessed. A register entry records that an authority licensed, registered or approved something; it says nothing about whether you may or should buy it.
| Authority | Register | Finding |
|---|---|---|
| Central Bank of Bahrain (CBB) – Crypto-asset module (CRA), Stablecoin Issuer module (2025) | CBB Register (Licensing Directory) – Capital Markets › Crypto-Asset Services Cat. 1–4, Stablecoin Issuer | Public register, read |
CBB Register — Capital Markets › Crypto-Asset Services Cat. 1–4 and Stablecoin Issuer
Licensed or registered providers · 10 entries · 1 marked “stablecoin issuer”, listed firstCentral Bank of Bahrain (CBB) · source · read 2026-10-14
| Register no. | Stablecoin Issuer | Name | Licence |
|---|---|---|---|
| 3951 | ✓ | AX Coin Bahrain B.S.C. (c) | Stablecoin Issuer |
| 3927 | BitOasis Bahrain W.L.L | Crypto-Asset Services - Category 2 | |
| 3922 | ARP Digital Bahrain B.S.C. (c) | Crypto-Asset Services - Category 3 | |
| 3889 | COINMENA B.S.C. (c) | Crypto-Asset Services - Category 3 | |
| 3933 | Fasset Financial Services W.L.L. | Crypto-Asset Services - Category 3 | |
| 3881 | Rain Management W.L.L. | Crypto-Asset Services - Category 3 | |
| 3909 | Waterfort Bahrain B.S.C. (c) | Crypto-Asset Services - Category 3 | |
| 3928 | ATME B.S.C.(c) | Crypto-Asset Services - Category 4 | |
| 3896 | Binance Bahrain B.S.C. (c) | Crypto-Asset Services - Category 4 | |
| 3946 | Boxwind BH B.S.C. (c) | Crypto-Asset Services - Category 4 |