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Bahrain Keen To Position Itself As Fintech Hub

Slowly the countries across the globe are realizing the importance and the opportunities behind the use of cryptocurrencies. Bahrain and India, which didn’t show much interest in cryptocurrencies initially, are now moving towards the various possibilities for adopting cryptocurrencies in their economies.

As reported by  The Economic Times, several Indian companies have been invited by Bahrain’s Economic Development Board (EDB) to set up their bases in their country. Most of these companies are related to or working with blockchain technology. So, basically, Bahrain has collaborated with Indian Government and companies in the field of blockchain and crypto-assets.

The main motto of EBD is to bring investments into the country, and the rise of blockchain technology seems to be a great opportunity for getting bigger investors.

Recently Supreme Court of India offered a time of four weeks to the Union government to come up with some...

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