Hassan Maishera
Binance, the leading cryptocurrency exchange in the world, continues to expand its presence globally after signing yet another strategic partnership. This time, Binance has signed an MoU with the Bank of Bahrain and Kuwait (BBK), a leader in retail and corporate banking in the Kingdom of Bahrain.
BBK and Binance Sign an MoU
Binance has entered into a strategic partnership with the Bank of Bahrain and Kuwait (BBK), a leader in retail and corporate banking in the Kingdom of Bahrain.
In a press release shared with Cryptowisser, Binance said the partnership will make BBK the first bank and entity in the GCC to join the Binance Link Program. The partnership is pending final regulatory approval from the Central Bank of Bahrain (CBB).
The announcement of this partnership was made at the Gateway Gulf Investment Forum, Bahrain 2025. Thanks to this partnership, BBK will integrate Binance’s white label Crypto-as-a-Service solution directly into its Mobile Banking App.
Using Plug & Play APIs, this integration will allow BBK customers to seamlessly trade and manage crypto assets without needing separate Binance accounts. In addition to this, a dedicated dashboard within the BBK Mobile App will provide a one-stop shop for viewing holdings and executing transactions, combining traditional and digital investments in a single platform.
BBK’s Partnership with Binance Will Empower Customers
While commenting on this partnership, Mr. Yaser Alsharifi, Group Chief Executive of BBK, said,
“This partnership reflects BBK’s commitment to innovation and customer-centric digital transformation. By integrating Binance’s capabilities into our mobile platform, we are empowering our customers with secure, convenient access to a broader range of investment opportunities.”
Mr. Tameem Al Moosawi, General Manager of Binance Bahrain, added that,
“We are proud to collaborate with BBK on this groundbreaking initiative. This not only enhances financial inclusion but also reinforces Bahrain’s position as a regional leader in crypto-asset innovation.”
Ms. Catherine Chen, Head of VIP & Institutional at Binance, also commented that,
“As demand for crypto assets rises globally, we are pleased to collaborate with BBK to help them offer these assets to their clients at scale, unlocking new growth potential.”
According to Binance, the partnership with BBK supports Bahrain’s national vision to become a leading crypto-asset trading hub in the region. Upon regulatory approval, BBK customers will gain access to various Binance offerings alongside BBK’s own financial products, all through the BBK Mobile App.
The partnership comes two weeks after Binance introduced a direct USD deposit and withdrawal service via BPay Global, allowing retail and corporate users in eligible countries to easily fund, store, and convert USD to crypto from their fiat wallet and vice versa.
