Coin Mena Becomes the First Digital Currency Platform to Launch within the Central Bank of Jordan's Regulatory Lab (JoRegBox)

This launch represents an important regulatory step within the efforts to develop the financial technology sector in the Kingdom. This comes within the framework of commitment to support financial innovation within a clear regulatory system, in line with the objectives of the Economic Modernization Vision, with the aim of enhancing Jordan's position as a modern financial center based on innovation.

The Coin Mena Group comes to the Kingdom with a well-established regulatory experience gained through regionally regulated markets, holding licenses issued by the Central Bank of Bahrain and the Dubai Virtual Assets Regulatory Authority. Today, Coin Mena continues its expansion in the region, joining the Central Bank's Regulatory Lab for Financial Technology and Innovation, in cooperation with the relevant regulatory authorities, including the Securities Commission. This ensures that users in Jordan trade on a platform with the highest levels of security, in addition to benefiting from the same service standards that distinguished the platform's success regionally in the Middle East. The platform will also provide local instant payment networks such as CliQ, in addition to bank transfers to provide users in Jordan with the possibility of depositing using Jordanian Dinar with ease.

Coin Mena platform was founded in 2020 by Jordanian entrepreneurs Talal Al-Tabaa and Dina Sema'an, making this launch a distinguished return to the homeland. The founders of the platform work directly with the Central Bank of Jordan to contribute to developing a secure and innovative system for digital currencies that serves users in the Kingdom.

On this occasion, the founders of Coin Mena, Talal Al-Tabaa and Dina Sema'an, stated in a joint statement: "The joining of Coin Mena, as the first regulated digital currency trading platform, to the Central Bank's Regulatory Lab for Financial Technology and Innovation (JoRegBox), represents a pivotal step in the platform's journey and in the development of the digital currency sector in the Kingdom. This achievement reflects the level of responsibility we are committed to towards our users, and confirms our full commitment to comply with the highest local standards and regulatory frameworks. We also look forward to continuing to work closely with the Central Bank of Jordan to build a transparent and secure digital financial system, enabling users to confidently participate in the future of finance"

By operating within the framework of the Central Bank's Regulatory Lab for Financial Technology and Innovation (JoRegBox), Coin Mena contributes to accelerating the Kingdom's journey towards establishing its position as one of the leading centers in the global digital finance landscape, based on a track record of commitment and regulatory excellence at the regional level.

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About Coin Mena

Coin Mena, the leading digital currency trading platform in the Middle East and North Africa, aims to empower both new and experienced investors by providing easy investment options in digital currencies, enabling them to participate in the emerging digital economy. The headquarters of Coin Mena Co. Ltd (closed in the Kingdom of Bahrain and licensed by the Central Bank of Bahrain as a digital currency service provider (Category Three). Coin Mena Co. Ltd, headquartered in the United Arab Emirates, is licensed by the Dubai Virtual Assets Regulatory Authority as a broker/dealer for digital currency trading services. Thanks to its competitive fees, high liquidity, and educational approach, Coin Mena aims to be the simplest and most reliable platform for dealing with digital currencies in the Middle East and North Africa. For more information, please visit the website: www.coinmena.com. Follow Coin Mena on Linkedin Instagram X.