February 28, 2023

Binance, BIBF Team up To Offer Crypto, Blockchain Training

Binance, BIBF Team up To Offer Crypto, Blockchain Training Featured Image


The Bahrain Institute of Banking and Finance (BIBF), a leading training and development provider, teamed up with Binance Academy, Binance’s educational arm, to upskill those who are interested in blockchain and crypto.

This cooperation aims to promote Bahrain’s position as a prominent crypto hub regionally and globally in the field of talent training and development, BIBF said in a statement.

Under this collaboration, the two bodies will cooperate on offering a variety of training, workshops, participatory programming, and events for professionals and students looking for jobs in blockchain and crypto.

In this regard, Director of the BIBF Ahmed Al Shaikh expressed his happiness in collaborating with Binance Acamdey to offer top-notch training programs in crypto and blockchain, saying it aligns with the institute’s mission to provide quality education and training in futuristic domains.

Meanwhile, General Manager from Binance Bahrain Tameem Al-Moosawi said: “We are excited to partner with BIBF to further boost and develop the Kingdom of Bahrain’s leadership role in the development and nurturing of local talent in fintech. It is our objective from this partnership to pass on the necessary knowledge and skills to help people learn, evolve, and excel in the blockchain and Web 3 industry.”

This partnership comes in conjunction with the increasing interest of developers of the NFTs and the blockchain and crypto industry in Bahrain and the Middle East and North Africa region.

It is worth mentioning that Binance Bahrain was granted the Category 4 license by the Central Bank of Bahrain in May 2021. This license allows Binance Bahrain to offer a full range of crypto-asset exchange services.

According to a study conducted in October by blockchain analytics firm Chainalysis, the growing adoption of assets in the MENA region has made the region the fastest adopter of cryptocurrency in the world, accounting for 9.2% of global digital currency transactions from July 2021 to June 2022.

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