Bahrain Accelerates Setup Process for Fintech Startups

The Bahrain Economic Development Board (EDB) has launched a fast-track setup program for fintech startups in the region to boost their initiation and growth process.

Thus, in an attempt to look beyond oil and gas, the middle eastern economies are now turning to blockchain and other emerging technologies to diversify their economic portfolio. And with the same fighting spirit, UAE is pulling out all the stops to emerge as the new fintech hub and a hotbed for cryptocurrency and blockchain developments.

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