The relevant draft regulations applicable for regulating the cryptocurrency are out on the cryptocurrency platform in the Kingdom of Bahrain.
source https://www.google.com/url?rct=j&sa=t&url=https://thecurrencyanalytics.com/3901/bahrain-set-to-establish-itself-as-regional-leader-in-cryptocurrency-and-blockchain-technology/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNHReRirVXNmKZNwtemne6fUunjUDA