NetworkNewsBreaks – SOLOWIN HOLDINGS (NASDAQ: AXG) Subsidiary Receives Bahrain Stablecoin Issuer License
SOLOWIN HOLDINGS (NASDAQ: AXG) announced that AX Coin Bahrain B.S.C. (c), its stablecoin issuance subsidiary, has received approval from the Central Bank of Bahrain to conduct stablecoin issuer activities. The company said AX Coin is the first entity licensed under the regulator's stablecoin framework, positioning it among a select group of stablecoin issuers operating under sovereign central bank oversight. SOLOWIN HOLDINGS (Nasdaq: AXG) said the approval provides a regulated foundation for expanding stablecoin-based financial infrastructure and supports the integration of digital assets into payments and settlement systems. Company executives said the license will enable AX Coin to scale compliant stablecoin…







