Logo
  • Press Releases
    • Technology Press Release
    • Social Pluggs
    • Press Releases
    • Legal Press Release
    • Home Decor Press Release
    • Health Press Release
    • Featured Stories
    • Entertainment & Lifestyle Press Release
    • Business News
    • Blog Stories
  • News
  • Video News
  • Create Account

Nimbus Platform Attains Central Bank Supervisory Status in the Kingdom of Bahrain


Nimbus Platform, under its umbrella company, NMB Fintech, has moved to the Kingdom of Bahrain with regulatory approvals from Bahrain’s Fintech Bay, the Ministry of Finance, and the Central Bank of Bahrain.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8939/133408_1f61e720442b0adc_001.jpg

Nimbus Platform has moved its global headquarters to the Kingdom of Bahrain, partnering with Bahrain’s Fintech Bay, located at the financial heart of Manama

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8939/133408_1f61e720442b0adc_001full.jpg

Nimbus Platform is the first-ever DeFi entity in the world to be supervised by a central bank in terms of the regulatory framework of its products and services. This achievement and designation to be under the direct supervision of a central bank is the culmination of three years of innovation and building in DeFi and the digital asset services sector. The combination of the regulatory-first approach with its innovative products and commitment to being the market leader in setting the industry standards propelled Nimbus Platform to be approved as the first global DeFi entity with Central Bank supervision. The DeFi platform has set an example in the space for the depth of its product offerings and technical quality assurance. This includes five external audits for its dApps and products.

The Kingdom of Bahrain’s commitment to innovation, safety, and being a global leader in Central Bank Digital Currency reflects with Nimbus being the first DeFi platform to be granted such license and status.

Nimbus Platform has moved its global headquarters to the Kingdom of Bahrain, partnering with Bahrain’s Fintech Bay, located at the financial heart of Manama.

This is the new chapter of growth and expansion for Nimbus Platform and its products and services. The updated roadmap included the acquisition of the National Bank Charter to allow further offerings of innovative financial tools that serve global clients and regional customers at the retail and institutional levels.

About Nimbus Platform

About Nimbus Platform:

Nimbus Platform is the first global regulated DeFi institution under the central bank’s supervision. The company offers a wide range of services and products in DeFi and digital assets; with two offices, a headquarter in Manama, Bahrain; and Miami, in the United States. The company’s mission is to expand access to financial tools and literacy by leveraging innovative digital assets and cryptocurrency solutions. Nimbus platform is a well-known player in the crypto space that boasts reliability and efficiency. For more information about its innovative products and yielding options, visit the website.

Media Contact: Elli Smith

Company name: Nimbus Platform IO

Contact name: Elli Smith

Company address:
C/O NMB Fintech
Manama Seafront
Arcapita Building #551, 3rd Floor
Suite 302
Block 346, Road 4612
Website URL: www.nimbusplatform.io
Email: [email protected]

To view the source version of this press release, please visit



Source link

  • Diggit
  • Pinterest
  • Twitter
  • Linkedin
  • Google+
  • Facebook
  • Reddit
  • Stumble

Related posts:

Altitude Digital’s 2013 Growth Yields Promising Expansion in 2014 Three MMCO Auto Stores Earn 2015 DealerRater Dealer of the Year Awards Texas Truck Accident Lawyer Discusses SaferBusTexas Truck Accident Lawyer Discusses SaferBus Steam Exchange Introduces a Unique NFT Gateway Solution, Designed for Cross-Chain Functionality Across Marketplaces
August 10, 2022   Editor
Editor August 10, 2022 6:15 pm
Press Releases
×

Categories

  • Automotive PR
  • Blog Stories
  • Business News
  • Criminal Law
  • Dallas
  • Employment Law
  • Entertainment & Lifestyle Press Release
  • Events
  • False Clam Act
  • Featured Stories
  • Google Hangouts
  • Health Press Release
  • Home Decor Press Release
  • Legal Press Release
  • News
  • Personal Injury Law
  • Press Releases
  • Press Releases
  • Restaurant & Dining
  • Rising Star
  • Social Pluggs
  • Sports
  • Technology Press Release
  • Twitter
  • Video News
  • West Palm Beach

Recent Press Releases

  • Nimbus Platform Attains Central Bank Supervisory Status in the Kingdom of Bahrain August 10, 2022
  • Announcing Rise Up-Women in Blockchain; Complementary Education and Scholarship Program from ConsenSys, CryptoChicks, C4 and Applicature August 10, 2022
  • Crypto.com buys South Korea’s OK-BIT crypto exchange August 10, 2022
  • Iran starts using crypto for international trade settlements August 10, 2022
  • TRON DAO Reserve Appoints Wintermute as the Latest Member and Whitelisted Institution August 10, 2022
  • Epazz Will Launch Its Metaverse Training Software Called On-Site Remote Assist in the Fourth Quarter; It is Used to Train Technicians and Plumbers Virtually August 10, 2022
  • LBank Exchange Will List cheqd (CHEQ) on August 10, 2022 August 10, 2022
  • Crypto exchange Coinbase reports its largest quarterly net loss of $1.1B for Q2 August 10, 2022
  • New World Inc. Revamps NFT Marketplace and Provides Operational Update August 10, 2022
  • LBank Weekly Listing Report, 8th August 2022 August 10, 2022
  • Australia to launch a 1-year pilot to explore CBDC use cases August 9, 2022
  • Shopic Announces $35M Investment to Bring Its AI-Enabled Smart Cart to Top U.S. Grocery Chains August 9, 2022
  • Nigeria tops Bitcoin, Ethereum, and crypto-related searches suggesting investors in the country are interested to buy the dip August 9, 2022
  • LBank Exchange Will List Voice Street Token (VST) on August 15, 2022 August 9, 2022
  • LBank Exchange Will List Rare Fnd (FND) on August 9, 2022 August 9, 2022
  • LASREVER Trading Live on MEXC Global Platform Under $DAI/$LSVR August 8, 2022
  • Crypto miner Hut 8 continues its Bitcoin HODL strategy in July August 8, 2022
  • MLSPA Announces Partnership with Chief Blockchain Gaming Developer Splinterlands August 8, 2022
  • LBank Exchange Will List Drive Crypto (DRIVECRYPTO) on August 9, 2022 August 8, 2022
  • SquidGrow (SQUIDGROW) Is Now Available for Trading on LBank Exchange August 8, 2022

Share Buttons

  • Diggit
  • Pinterest
  • Twitter
  • Linkedin
  • Google+
  • Facebook
  • Reddit
  • Stumble

Tags

Boca Car Accident Lawyer business charity cosmetic surgery dallas dallas criminal defense lawyer digital marketing eBooks education Entertainment facebook finance florida google HVAC Contractor indoor air quality iPhone King Mohammed VI lender marketing Missguided MOROCCO mortgage Music nfm lending NFM Salute online forms Parcel2Go parcel delivery Philadelphia car accident lawyer real estate Royal Thai Army search engine optimization seo Small Business Social media Southern Surgical Arts technology Texas Texas criminal defense lawyer Thai Army Thailand The Harley Medical Group twitter Zara Tours

Old Stories

Copyright © 2022 Submit123PR | Press Release Service
Simple Share Buttons