Bahrain central bank set to test Bitcoin payment processing solution

The Central Bank of Bahrain (CBB) plans to roll out a Bitcoin (BTC) payment processing and payout solution in partnership with BTC payment processor OpenNode. In a press statement published on September 13, OpenNode stated that the solution is guided by the growing interest in digital assets across the Middle East. The company noted that the solution would be central to pushing economic growth while supporting businesses. According to Dalal Buhejji from the Bahrain Economic Development Board, the Bitcoin payment solution is part of the growing digital economy in a regulated space.