2023-08-23
The Central Bank of Bahrain proposes a new Section CRA-5.9 within its Crypto-asset Module to mandate Cyber Hygiene Practices for licensed entities. The regulator requires crypto-asset licensees to submit written feedback, including nil responses, in an editable format by 23 August 2023. These amendments will be published on the CBB website to strengthen the Kingdom's overarching regulatory framework for digital assets.
Central Bank of Bahrain
مَحْكَمَةُ البحرين المركزيّة
OG/248/2023
26<sup>th</sup> July 2023
**Chief Executive Officer**
Crypto-asset Licensees
Manama
Kingdom of Bahrain
Dear Sir/ Madam,
**Consultation: Amendments to Crypto-asset Module (Module CRA)**
As part of the CBB’s objective to further enhance its regulatory framework, the CBB is hereby proposing to introduce a new Section “CRA-5.9” within Module CRA of CBB Rulebook – Volume 6 in respect of “Cyber Hygiene Practices”.
The proposed amendments are attached and will be available on the CBB website (www.cbb.gov.bh) under the “open consultations” section.
The CBB requests you to provide your comments, including “nil comments” on the proposed amendments in an editable format to consultation@cbb.gov.bh by 23<sup>rd</sup> August 2023.
Yours faithfully,
Rasheed M. Al-Maraj
Governor
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هاتف: +973 1754 7000، فاكس: +973 1753 7799، ص.ب 27، المنامة، مملكة البحرين
T +973 1754 7500, +973 1754 7555, F +973 1753 7799, P.O. Box 27, Manama, Kingdom of Bahrain, www.cbb.gov.bh