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BitMEX, Jimmy Song lead funding round for Middle Eastern cryptocurrency exchange

BitMEX, Jimmy Song lead funding round for Middle Eastern cryptocurrency exchange

Crypto industry heavyweights including Bitcoin booster Jimmy Song and derivatives exchange BitMEX have poured $2.5 million into Bahrain-based cryptocurrency exchange Rain, which just scored the region’s first bank-approved operating license. Rain’s licensing marks a breakthrough for the region’s burgeoning crypto industry.







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