🇧🇭 Bahrain Fintech Bay Free Zone

Bahrain maintains a crypto-friendly regulatory environment with clear oversight by the Central Bank of Bahrain (CBB) under the CBB Crypto-Asset Module. The CBB acts as the integrated financial regulator, supporting fintech innovation including crypto assets.

Overview

Statuscrypto_friendly
Risk Score15/100 (Low Risk)
Regionmiddle east
CurrencyBHD

Tax Information

Capital Gains (Personal)none
Capital Gains (Corporate)none
VAT on CryptoNo

The regulator page does not specify detailed tax treatment for cryptocurrencies, indicating no VAT on crypto transactions.

Licensing & Registration

RequiredYes
RegulatorCBB
FrameworkCBB Rulebook Volume 6 Crypto-Asset (CRA) Module + Stablecoin Issuance and Offering (SIO) Module (July 2025)
Easemedium

Licensing is regulated under the CBB Crypto-Asset Module with specific requirements for crypto asset service providers.

Enforcement Activity

Level: Low

No significant enforcement actions reported; jurisdiction actively encourages crypto business

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberNo
FATF Statusfsrb_only
FATF BodyMENAFATF
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: regulated

DeFi activities fall under the regulatory scope of the CBB Crypto-Asset Module, requiring compliance with AML and licensing rules.

Stablecoins

Status: regulated

Stablecoins are regulated under a dedicated SIO Module within CBB Rulebook Volume 6. Stablecoin issuers must be locally incorporated as Bahraini Joint Stock Companies (BSC) and obtain a specific SIO license from the CBB. Permitted pegs: BHD, USD, and other CBB-approved fiat currencies. Reserve requirements apply.

NFTs

Status: no_rules

No specific NFT regulation; generally permitted

Mining

LegalYes
Electricity Cost$0.06/kWh
Renewable Energy5%
Infrastructuregood

Mining is legal with moderate electricity costs and limited renewable energy. Infrastructure supports mining operations adequately.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index58/100
Banking Accessopen

Risk Factors

Bahrain offers a stable political environment with open banking access and free internet. Regional tensions exist but do not significantly impact crypto business.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Bahrain Fintech Bay?

Bahrain maintains a crypto-friendly regulatory environment with clear oversight by the Central Bank of Bahrain (CBB) under the CBB Crypto-Asset Module. The CBB acts as the integrated financial regulator, supporting fintech innovation including crypto assets.

What is the FATF status of Bahrain Fintech Bay?

Bahrain Fintech Bay is classified by FATF as: fsrb_only.

Are VASPs licensed in Bahrain Fintech Bay?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in Bahrain Fintech Bay?

KYC is mandatory for crypto businesses. Travel rule threshold: no minimum - all transfers.

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Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map

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