Crypto Made Simple: What's The Next Big Things for Binance in Bahrain?

Gulf Insider

09-04-2025

Bahrain has long positioned itself as a forward-thinking financial hub in the region, and its early embrace of digital innovation is now paying off—quite literally. Picture this: you pull into a petrol station in Manama, tap open the Binance app on your phone, and within seconds, your fuel is paid for in crypto. No need to fumble for cash or cards. It's not just a glimpse into the future—it's happening right now.
From paying rent to purchasing real estate, the use of cryptocurrency in Bahrain is steadily moving from the fringes of finance into the heart of everyday life. At the centre of this shift is Binance Bahrain, a company helping redefine the way people engage with money.
Thanks to the country's robust regulatory framework, which was among the first globally to introduce crypto-specific legislation, platforms like Binance are thriving in a well-structured, secure environment. The Central Bank of Bahrain's proactive stance has enabled fintech players to innovate responsibly, ensuring that both users and investors enjoy transparency and protection. It's this unique ecosystem that has allowed partnerships like the one between Binance and EasyPay to flourish, enabling seamless crypto payments at petrol stations and beyond.
In this exclusive interview, Tameem Al Moosawi, General Manager at Binance Bahrain, shares what's on the horizon for Binance in 2025 and beyond. From bold developments in digital payments to expanding access through partnerships with EasyPay and Beyon Money, Tameem offers insight into how Binance is making crypto more practical, more accessible, and more integrated into daily life. Whether you're topping up your car, paying your rent, or even buying an apartment, crypto is no longer just an investment. In Bahrain, it's becoming a way of life.
There's a lot we're excited about. One of the major areas of growth is through our expanding banking partnerships, particularly within the Binance Pay ecosystem. Through our collaboration with EasyPay, crypto payments are now possible at various petrol stations across Bahrain. If a location has an EasyPay machine, you can simply scan a QR code using the Binance app and complete your payment in seconds.
And it's not just about everyday spending. Over the past couple of years, we've facilitated real estate transactions in Bahrain using crypto—some worth a few thousand dollars, others in the millions. The entire process is fast, secure, and fully KYC-compliant. Once the buyer scans the QR code, the transaction is processed by our partner acquirer here in Bahrain, with the crypto conversion handled on the backend—all in a matter of seconds.
The aim is to make crypto more accessible to everyone, from long-time users to those just starting out. This partnership allows users to sign up with Beyon Money, complete their KYC, and then link their accounts directly to Binance. Once connected, they can transfer funds between the two platforms in less than a minute. It's secure, efficient, and eliminates the delays and fees associated with traditional bank transfers or credit card payments.
We're seeing steady, linear growth. At the moment, we're keeping it intentionally contained as we continue fine-tuning the experience. That said, as Beyon Money expands and secures more licenses on a regional and global scale, we anticipate much broader adoption. The infrastructure is in place—we're ready to scale as the demand grows.
Regulation is key to long-term trust and growth in this industry. At Binance, we believe in working closely with governments to build strong, progressive frameworks that protect users and promote innovation. Every market is unique, and we tailor our approach to align with regional needs.
Here in the MENA region, our goal is to earn licenses in each jurisdiction, contribute to education efforts, and support the development of a safe, transparent digital asset ecosystem. A well-regulated environment ensures better protection for users and creates the kind of trust the industry needs to thrive.
It's an important milestone. eKey 2.0 is a more secure and efficient digital identity system, and we were proud to be among the first platforms to integrate it. For users, it means greater protection and a more seamless experience when accessing digital services across both public and private sectors.
This move aligns perfectly with our commitment to innovation and security—and with Bahrain's national goals, particularly its 2030 Economic Vision. We see blockchain and digital assets playing a central role in that future, and we're proud to contribute.
Bahrain has made remarkable progress over the past two decades. It's earned a reputation as a stable, innovative, and forward-thinking country—and it was one of the first globally to introduce crypto regulations. That proactive approach laid the foundation for a vibrant crypto community.
What's also worth highlighting is the local talent. At our Bahrain office, 95% of the team are Bahraini nationals. That's a testament to the strength of the workforce and the country's readiness to lead in this space.
Looking forward, we see Bahrain not just as a regional leader, but as a global hub for digital assets and blockchain innovation. The foundations are strong, and with continued collaboration between the public and private sectors, the future looks incredibly promising.