Now Bahrain is allowing crypto payment gateway Eazypay to allow payments in crypto currency including bitcoin through 5,000 point-of-sale (PoS) terminals. once again validates that future belong not to Fiat but to crypto.
EazyPay’s crypto payment system will be “first regulated and approved crypto payments service offering” in the Middle East and North Africa region. Says binance CEO.
With such positive developments, i hope crypto winter will be over soon and Bitcoin will rise again to moon.
Baharin is the follower of Sharia law so it is little surprising to know that their King has allowed such things which cannot be directly controlled by them. But all is well that ends well. I hope the crypto transactions will be regulated in a positive way. Because over-regulation can ruin this entire initiative.
I don't think this will help bitcoin to aim for moon once again because the population is Baharin is extremely low even though they are extremely wealthy. But let's hope for the same!