AX Coin, Backed by AXG, Granted First Stablecoin Issuer License by the Central Bank of Bahrain



MANAMA, Bahrain, June 03, 2026 (GLOBE NEWSWIRE) — SOLOWIN HOLDINGS (Nasdaq: AXG) (“AXG” or the “Company”), a leading financial technology firm bridging traditional and digital assets, today announced that AX Coin Bahrain B.S.C. (c) (“AX Coin”), the Company’s stablecoin issuance entity and a key subsidiary, has been officially licensed by the Central Bank of Bahrain (“CBB”) to carry out stablecoin issuer activities. This marks a major milestone in the global regulated digital asset industry. As the first to be granted a license under the CBB’s stablecoin regulatory framework, AX Coin joins a select group of globally regulated issuers under sovereign central bank oversight, reinforcing Bahrain’s position as a leading hub for digital asset innovation. Read More



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