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SOLOWIN HOLDINGS' Subsidiary AlloyX Group's AX Coin Receives In-Principle Approval Letter For Stablecoin License From Central Bank Of Bahrain

Benzinga·01/28/2026 13:59:05
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SOLOWIN HOLDINGS (NASDAQ:AXG) ("AXG" or the "Company"), a leading financial technology firm bridging traditional and digital assets, today announced that AX Coin, the stablecoin issuance entity under AlloyX Group, a key subsidiary of the Company, has received an In-Principle Approval letter for a stablecoin license from the Central Bank of Bahrain ("CBB"), subject to final regulatory approval.