BitOasis
BitOasis is a cryptocurrency exchange operating in the MENA region.[1][2][3][4] It was the region’s first crypto currency platform. It is headquartered in the UAE.[5][6]
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[10]BitOasis was founded in the year 2015 and became registered as a Reporting Entity on UAE FIU GoAML Anti-Money Laundering System in September 2021. It was founded by Ola Doudin.
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History
BitOasis was founded in the year 2015 by Ola Doudin. It started as a cryptocurrency trading platform to buy, sell, and trade. Trading was carried out using local currencies like AED and SAR.[14][15]
In 2021, BLEX Financial Limited, BitOasis’s ADGM registered entity, received approvals from financial regulators in the UAE.[6] Towards the end of the year 2021, BitOasis raised $30 million from investors. [16][17] [18] [19] [20]
References
- ↑ "BitOasis expands token offering, lists other popular crypto assets". Arab News. February 7, 2022.
- ↑ Reporter, A. Staff. "BitOasis lists Cardano, Solana, Polkadot and Cosmos". Khaleej Times.
- ↑ Singh, Ankita. "BitOasis expands token offering - Lists Cardano & Solana among other popular crypto assets". Khaleej Times.
- ↑ "UAE Readies National Crypto Licensing in Push to Embrace Fintech". www.bloombergquint.com.
- ↑ East, Forbes Middle. "UAE's Crypto Platform BitOasis Raises $30M, Plans Regional Expansion". Forbes ME.
- ↑ 6.0 6.1 6.2 Roy, Alisha. "How 2021 became the year of Bitcoin, DeFi and BitOasis". Khaleej Times.
- ↑ "UAE crypto exchange BitOasis raises $30M to expand in MENA". Cointelegraph.
- ↑ Roy, Alisha. "What crypto beginners need to know before investing in Bitcoin ETFs". Khaleej Times.
- ↑ "Wamda co-leads BitOasis $30 Million Series B round". Wamda.
- ↑ Roy, Alisha. "BitOasis launches zero-fee local funding option for UAE-based customers". Khaleej Times.
- ↑ "Dubai crypto platform teams up with police to combat crypto fraud". Arab News. October 3, 2021.
- ↑ D'Mello, Sandhya. "BitOasis to be registered in GoAML". Khaleej Times.
- ↑ "BitOasis crypto exchange to help Dubai Police spread fraud awareness". Cointelegraph.
- ↑ Roy, Alisha. "BitOasis to add 12 New Tokens to its Exchange Platform". Khaleej Times.
- ↑ Bartenstein, Ben. "UAE Readies National Crypto Licensing in Push to Embrace Fintech". BloombergQuint.
- ↑ "Crypto Exchange BitOasis Raises $30M to Fuel Geographic Expansion". finance.yahoo.com.
- ↑ https://www.arabianbusiness.com/banking-finance/466746-dubai-crypto-platform-bitoasis-sees-over-15bn-trading-in-h1
- ↑ "BitOasis to receive special licence to operate in UAE". fintechmagazine.com. May 16, 2020.
- ↑ "BitOasis gains regulatory approval for Abu Dhabi crypto exchange". Arab News. April 29, 2021.
- ↑ "Dubai crypto platform teams up with police to combat crypto fraud". MSN.
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