Could the recent Bahrain adoption of Binance Begin a Movement For Binance Chain Projects?

I think this is big news for the crypto space as Binance mentioned that the partnership with Bahrain is a milestone in the world of cryptocurrency. It will also contribute to Binance's goal of “being fully licensed and regulated around the world.”

During the meeting CZ further expressed his gratitude to the prince, saying:

“I would like to thank Team Bahrain, guided by the visionary leadership of HRH Prince Salman bin Hamad Al Khalifa, Crown Prince, and Prime Minister, for the great work in facilitating this achievement.”

He also emphasized the Kingdom of Bahrain’s significant potential for economic growth and investment and wished the Kingdom continuous progress and prosperity.

Prince Salman mentioned that Bahrain’s excellent business environment heightens the country’s competitive stance and overall growth.

The Prince also praised the multinational enterprises in the Kingdom for their work in managing digital assets and acknowledged their significance in advancing the world’s digital shift, particularly in financial services and tech.

As the world’s largest cryptocurrency exchange, having the license to operate in Bahrain by the country’s Central Bank and acquiring its first license from a Gulf Cooperation Council (GCC) member state. I will personally look further into the binance chain to see what happens there.

Before this I have been looking at few projects on smartchain like Plastiks.io whose objective is to close the loop between plastic production and recovery; Venus which provides an open marketplace for lenders and borrowers enabling users to earn profit on their BNB Chain assets by partaking in decentralized lending pools; Mobox which combines DeFi, gaming, and community to create an immersive ecosystem of products known as the 'MOMOverse'.

I hope they turn out to be good projects considering this news as well.