QualityStocksNewsBreaks – Solowin Holdings (NASDAQ: AXG) Subsidiary Receives In-Principle Stablecoin License Approval From Bahrain Central Bank
Solowin (NASDAQ: AXG), a financial technology company bridging traditional and digital assets, announced that AX Coin, the stablecoin issuance entity under its AlloyX Group subsidiary, has received an in-principle approval letter for a stablecoin license from the Central Bank of Bahrain, subject to final regulatory approval. The company said the approval follows several months of regulatory engagement and positions AlloyX Group to pursue the launch of a compliant stablecoin within Bahrain’s regulatory framework, supporting the expansion of its stablecoin ecosystem across the Middle East and Africa region and internationally To view the full press release, visit https://ibn.fm/eyxZa About SOLOWIN HOLDINGS…
