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Lengthy Licensing Stumps Kenyan Fintech Startups
Crypto.com Gets Bahrain License, Amber Group Approved in Dubai

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Crypto.com Gets Bahrain License, Amber Group Approved in Dubai

Crypto.com Gets Bahrain License, Amber Group Approved in Dubai

Crypto.com has secured a payment service provider (PSP) license from the Central Bank of Bahrain (CBB). This license allows the crypto exchange to offer e-money and fiat-based payment services, including its prepaid cards, in the region. The approval adds to Crypto.com’s growing list of regulatory a…

Bitcoin.com
pspcrypto
Lengthy Licensing Stumps Kenyan Fintech Startups

Lengthy Licensing Stumps Kenyan Fintech Startups

Fintech startups face significant challenges when expanding to Kenya, primarily due to the lengthy and complex process of obtaining an operating license. Obtaining a payment service provider (PSP) license can take up to two years, forcing startups to rely on workarounds such as partnerships with est…

Bitcoin.com
psp
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