finpeel Answers · Bahrain · updated 2026-08-14

Do I need a licence to issue a stablecoin in Bahrain?

Yes, if you issue a stablecoin within the scope of the CBB Stablecoin Issuance and Offering framework. Bahrain introduced a dedicated Stablecoin Issuance and Offering Module, so stablecoin issuance should not be treated only as generic crypto-asset activity.

The framework is distinct from the CBB Crypto-Asset module used for exchange, brokerage, custody and other crypto-asset services.

A stablecoin business should map issuance, backing, redemption, distribution and any exchange or custody service separately because more than one CBB permission can be relevant.

Regulator: Central Bank of Bahrain (CBB)

Primary sources: Central Bank of Bahrain — Stablecoin Issuance and Offering Module

Directional — not legal advice. Verify with the regulator before committing.

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