BBK Partners with Binance Bahrain to Integrate Crypto-as-a-Service

TLDR

• BBK partners with Binance Bahrain to integrate Crypto-as-a-Service into BBK’s mobile banking app, making BBK the first in GCC.
• The integration allows BBK customers to trade and manage crypto assets directly through the bank’s mobile app, streamlining the process.
• BBK’s in-app dashboard will combine crypto and traditional banking services, providing a unified experience for customers.
• Bahrain strengthens its role as a regional leader in regulated digital finance, promoting safe access to digital assets through banking services.
• The collaboration is expected to set a benchmark for institutional adoption of crypto in the GCC once final regulatory approvals are granted.

The Bank of Bahrain and Kuwait (BBK) has signed a Memorandum of Understanding (MoU) with Binance Bahrain. This partnership will integrate Binance Bahrain’s Crypto-as-a-Service (CaaS) solution into BBK’s mobile banking app. It marks a major step in the region’s digital finance development and makes BBK the first bank in the GCC to join the Binance Link Program. The agreement is subject to final approval from the Central Bank of Bahrain (CBB).

BBK Joins Binance Link Program

BBK has signed an MoU with Binance Bahrain to integrate the white-label Crypto-as-a-Service solution. This integration will allow BBK customers to trade and manage crypto assets directly through the bank’s mobile app. It eliminates the need to create or manage a separate Binance account.

BBK will offer a dedicated in-app dashboard for managing digital assets alongside traditional banking services. Yaser Alsharifi, Group Chief Executive of BBK, stated, “This partnership reflects BBK’s continued commitment to innovation and customer-centric digital transformation. The integrated CaaS solution will provide a unified, seamless experience for BBK customers.

With secure APIs, customers will be able to view their digital asset holdings, execute transactions, and manage investments in one place. The app will combine crypto management with BBK’s traditional banking and investment offerings. This innovation aligns with BBK’s goal to enhance its digital banking services and stay at the forefront of financial technology.

Bahrain’s Growing Role in Digital Finance

This partnership positions Bahrain as a leading hub for regulated digital finance in the GCC region. The agreement was announced during the Gateway Gulf Investment Forum Bahrain 2025, highlighting Bahrain’s increasing role in crypto-asset innovation. Binance Bahrain’s white-label service will allow BBK customers to access digital assets safely within a regulated banking environment.

Tameem Al Moosawi, General Manager of Binance Bahrain, commented, “This collaboration reinforces Bahrain’s leadership in regulated crypto-asset innovation across the region.” By combining BBK’s trusted banking infrastructure with Binance Bahrain’s crypto expertise, the MoU aims to provide a secure platform for crypto trading.

Once regulatory approvals are finalized, customers will have direct access to crypto trading and management services. Catherine Chen, Head of VIP & Institutional at Binance, added, “This collaboration unlocks new growth opportunities while setting a benchmark for institutional adoption in the GCC.”

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