Rain courts Bahrain FinTech Bay for crypto push

Bahrain FinTech Bay (BFB), one of the region’s top FinTech centres, and Rain, the first Middle Eastern crypto-asset service provider authorised by the Central Bank of Bahrain (CBB), have announced cooperation to advance the cryptocurrency industry and transform the future of finance in the area.

Bahrain FinTech Bay and Rain will undertake a number of initiatives, including a live crypto event that will launch this August, followed by instructional workshops, in keeping with Rain’s goal to provide a trusted platform to all present and potential clients in the cryptocurrency area.

Additionally, the relationship will strengthen Rain’s efforts to reach out to crypto aficionados and newcomers in the Kingdom and will be crucial in assisting Bahrain in attaining the objectives set forth in the Kingdom’s Economic Vision 2030.

With regard to the collaboration, Rain co-founder Joseph Dallago said, “Our continued partnership with Bahrain FinTech Bay, with whom we share a common vision, will launch our next chapter to further integrate the Middle East into the new crypto economy.”