Bank

2024

Bitcoin

<p>Key Points:</p>   
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 <li><em>The National Bank of Bahrain launched the GCC's first Bitcoin-linked structured investment, developed with ARP Digital.</em></li>   
 <li><em>The investment product provides growth potential from Bitcoin’s upward performance, capped at a threshold.</em></li> 
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<h5 class="wp-block-heading">The National Bank of Bahrain has <a href="https://www.zawya.com/en/press-release/companies-news/nbb-unveils-gccs-first-bitcoin-linked-structured-investment-in-partnership-with-arp-digital-v3jv7em5" target="_blank" rel="noreferrer noopener">launched</a> the first Bitcoin-linked structured investment within the GCC, devised in cooperation with ARP Digital.</h5>   
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<p class="has-background" style="background-color:#222222">Read more: <a href="https://coincu.com/188558-singaporean-office-launches-digital-bank/" target="_blank" rel="noreferrer noopener">Singaporean Family Office Launches Digital Bank In Bahrain</a></p>   
<h2 class="wp-block-heading" id="national-bank-of-bahrain-introduces-gcc-s-first-bitcoin-linked-investment-product">National Bank of Bahrain Introduces GCC's First Bitcoin-Linked Investment Product</h2>   
<p>The move is part of an announcement first made at Fintech Forward 2024 and is considered another significant step for Bahrain's finance sector and the broader region.</p>   
<p>The product, offered to accredited investors only, exposes investors to the long-term growth of <a href="https://coincu.com/285960-bitcoin-bullish-surge-expected-us-cpi/" target="_blank" rel="noreferrer noopener">Bitcoin</a> with principal protection. Investors benefit from Bitcoin upside performance that is capped at a predefined limit, while this product is fully capital-protected on the downside, allowing investors to contain volatility associated with digital currencies.</p>   
<h2 class="wp-block-heading" id="bahrain-strengthens-position-as-fintech-hub-with-innovative-offerings">Bahrain Strengthens Position as Fintech Hub with Innovative Offerings</h2>   
<p>The launch of the Bitcoin investment product is in line with the National Bank of Bahrain's broader strategy to expand its product portfolio, particularly within wealth management. The bank envisions a risk-averse investor who would want some exposure to cryptocurrency but not at the risk of losing their principal investment.</p>   
<p>Bahrain has really made a great stride in developing a really friendly ecosystem for both fintech and cryptocurrency, fashioning laws that really bring a delicate balance between consumer protection and commercial innovation. Most recently, <a href="https://coincu.com/278285-cryptocom-and-uefa-champions-league-sponsorship/" target="_blank" rel="noreferrer noopener">Crypto.com</a> received a payment service provider license from the Central Bank of Bahrain, sealing Bahrain's position as the regional fintech hub.</p>   
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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National Bank of Bahrain Supports Bitcoin With New Investment Product

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