Crypto readiness score
2/3 status dimensions verified · 1 initiative · last verified 2026-11-07
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | 3.5 | Announced / exploring · initiative |
| Regulatory standing | 25 | — | No verified status — not scored |
| Technical delivery | 20 | 2 | Announced / exploring · initiative |
| Product breadth | 15 | 5 | 1 product category with a verified status: Stablecoin payments |
| Recent verified activity | 5 | 5 | Last verified change 2026-02-02 |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (1)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Stablecoin payments · Bahrain / GCC and Asia
Singapore Gulf Bank: SGB Net stablecoin layer (mint, convert, hold, trade USDC/USDT alongside fiat settlement)
- regulatory
- Unknown
- technical
- Announced / exploring2026-02-02
- commercial
- Announced / exploring2026-02-02
Bahrain's Singapore Gulf Bank announced on 2 February 2026 a stablecoin layer for its SGB Net settlement network that will let clients mint, convert, hold and trade stablecoins including USDC and USDT on Solana, Ethereum and Arbitrum, with access scheduled to begin in Q1 2026.
Scope: SGB Net participants; stablecoins on Solana, Ethereum and Arbitrum.
In tracker · last verified 2026-11-07
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
No licence or registration record in our verified data. This means “not reviewed”, not “unlicensed”.
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
- BCV · named role (tracker) · digital asset custody partner, Nov 2025
- Ethereum · network stated (tracker)
- Solana · network stated (tracker)
- Arbitrum · network stated (tracker)
Regulator records & actions
Register entries and regulator publications that name this institution.
None in our verified data.
Markets (from stated target markets): Bahrain
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2026-02-02 · Status
SGB Net stablecoin upgrade announced; access scheduled for Q1 2026.
Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections
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