Hello,

I'm writing to tell you about BitOasis, a United Arab Emirates-based bitcoin exchange.

BitOasis was founded in 2014 by Ola Doudin and it aims to become the first fully licensed bitcoin exchange in the Middle East region as said by its CEO “we are hoping to be one of the first regulated exchanges to get that licence.” 

In April, BitOasis received preliminary approval, from the Financial Services Regulatory Authority of ADGM (Abu Dhabi Global Market), to operate cryptocurrency trading and wallet services.

Following this preliminary approval, BitOasis is ready for the final step. Ola Dublin said that “ The company is set to get a license once it satisfies certain technical and operational requirements, which it plans to do in the second half of the year. This is a huge milestone, It gives us legitimacy as well, and we can now work with regulated financial entities. We’re able to work with other regulators in the region, such as Saudi Arabia. Overall, it will boost our growth in the region, legitimize the space and expand our reach in the market.”

Good Luck BitOasis.

Talk to you soon.