Binance gets green light from Canada and Bahrain, bullish sign or not?

Binance CEO Changpeng Zhao (CZ) has said the approval of national regulators is essential to build trust in crypto and blockchain. In addition, the approval is needed to achieve mass adoption for crypto. The exchange has been licensed by the Central Bank of Bahrain to operate as a crypto service provider in the Kingdom of Bahrain. According to the announcement, the approval is a first for Binance in the Middle East and North Africa. Binance's decision reflects the company's increased focus on the Middle East. The company recently became the first crypto exchange to join the new crypto hub established by the Dubai World Trade Center Authority. The crypto currency exchange continues to expand to new countries. But despite regulatory approval, there was also serious criticism, warnings and fines from various authorities. Right now i am bullish on a few projects like: Rise up, ATRI, PKT and Spores. Im very glad I've found them. DYOR!