Bahrain Economic Development Board (EDB) officially I participated The SwissScript Valley Association is working to promote international cooperation in the blockchain and cryptocurrency industry.
This announcement marks a unique partnership between the nonprofit Crypto Valley Association and Bahrain’s EDB, which plays a pivotal role in attracting investment to the Gulf.
The Bahrain Economic Development Board (EDB) is the public body responsible for attracting investment to Bahrain and supporting the country’s economic growth. It focuses on economic sectors that leverage Bahrain’s competitive advantages and offer significant investment opportunities, such as information and communications technology (ICT), financial services, manufacturing and logistics.
EDB offers a range of services to support businesses, including assistance with setting up a business in Bahrain, access to financing and financing, and support for research and development. Over the years, we have been successful in attracting significant investment into Bahrain, with US$295 million in direct investment in the ICT sector alone.
Crypto Valley Association (CVA) is a Swiss-based non-profit organization focused on developing a leading ecosystem for blockchain and distributed ledger technologies. This association is dedicated to fostering growth, collaboration, and integrity in the global blockchain and crypto space.
We carry out a variety of activities such as events, international exchange, and the management of working groups. CVA provides access to a deep talent pool of innovators and subject matter experts across the cryptocurrency and blockchain space and partners with leading institutions such as ETH Zurich, HSLU, and IDAXA.
The association is committed to enabling innovation through collaboration and partnership and advocating for regulations and policies that foster growth. Sort also organizes leadership events, conferences, and industry networking events to support industry growth.
Expressing enthusiasm for the latest additions, the Crypto Valley Association said it is excited to announce its collaboration with the Bahrain Economic Development Board (EDB). This means that EDB will become its newest corporate member, which will foster further development in the region.
It is also worth noting that Bahrain is leading the way in this field. Golf Cooperation Council By regulating virtual currency exchanges for the first time. The collaboration between Bahrain and the Swiss Crypto Valley Association, which currently hosts three licensed crypto exchanges including RAIN, Binance and CoinMENA, is set to become a central hub for crypto and blockchain activity in 2024. It shows Bahrain’s determination.
The country’s proactive stance has placed it at the forefront of the rapidly changing world of blockchain and cryptocurrencies.