Rain exchange which is a Bahrain-based cryptocurrency exchange has become the world’s first Middle Eastern crypto exchange company to hold a legitimate license from a local regulator. The license could not have come at a more opportune moment for Rain as it had recently announced the completion of a successful funding round worth around $2.5 million. The license was issued by the Central bank of Bahrain, the financial regulator of the country. Having something like a trading company get a license in the Middle East is always a big deal especially if it has something to do with cryptocurrencies. The