CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CryptoIntelligence 2024-07-04 19:18:55

CoinDCX Expands into MENA Region with Acquisition of BitOasis

India’s largest cryptocurrency exchange, CoinDCX, has acquired BitOasis, a prominent virtual asset trading platform in the Middle East and North Africa (MENA) region. This acquisition marks CoinDCX’s entry into the MENA market, reflecting the company’s ambition to expand globally. BitOasis is known for its high trading volumes in Emirati dirhams, making this acquisition a strategic move for CoinDCX to establish a strong presence in the region. BitOasis recently secured a Virtual Assets Regulatory Authority (VARA)-issued minimum viable product (MVP) operational license from the Central Bank of Bahrain (CBB). This license allows BitOasis to operate as a broker-dealer under strict regulatory

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.