Company:BitOasis Exchange

From HandWiki
BitOasis
Founded2015
FoundersOla Doudin
Headquarters
UAE;[1]
Area served
UAE, Gulf Cooperation Council
ProductsCryptocurrency exchange, cryptocurrencies[2][3]
Websitebitoasis.net/en/home

BitOasis is a cryptocurrency exchange operating in the MENA region.[4][5][6][7] It was the region's first crypto currency platform. It is headquartered in the UAE.[8][9] [10] [11] [12] 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. [13] [14]

History

BitOasis was founded in the year 2015 by Ola Doudin. It started as a cryptocurrency trading platform to buy, sell, and trade. Trade was carried out using local currencies like AED and SAR.[15][16]

In 2021, BLEX Financial Limited, BitOasis's ADGM registered entity, received approvals from financial regulators in UAE. It was granted a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market.[17][9][18][19] [20] [21] [22][23]

References

  1. ↑ https://www.usnews.com/news/technology/articles/2022-03-30/dubais-new-crypto-regulator-brings-uae-firm-bitoasis-under-its-wing [bare URL]
  2. ↑ "Cryptocurrency exchange BitOasis applies for new Dubai virtual assets licence". March 30, 2022. https://www.thenationalnews.com/business/cryptocurrencies/2022/03/30/crypto-exchange-bitoasis-applies-for-new-dubai-virtual-assets-licence/. 
  3. ↑ "UAE Firm BitOasis Gets Provisional Approval From Dubai's New Crypto Regulator". https://www.ndtv.com/business/uae-firm-bitoasis-gets-provisional-approval-from-dubais-new-crypto-regulator-2851667. 
  4. ↑ "BitOasis expands token offering, lists other popular crypto assets". February 7, 2022. https://www.arabnews.com/node/2019871. 
  5. ↑ Reporter, A. Staff. "BitOasis lists Cardano, Solana, Polkadot and Cosmos". https://www.khaleejtimes.com/business/bitoasis-lists-cardano-solana-polkadot-and-cosmos. 
  6. ↑ Singh, Ankita. "BitOasis expands token offering - Lists Cardano & Solana among other popular crypto assets". https://www.khaleejtimes.com/cryptocurrency/bitoasis-expands-token-offering-lists-cardano-solana-among-other-popular-crypto-assets. 
  7. ↑ "UAE Readies National Crypto Licensing in Push to Embrace Fintech". https://www.bloombergquint.com/amp/business/uae-readies-national-crypto-licensing-in-push-to-embrace-fintech. 
  8. ↑ East, Forbes Middle. "UAE's Crypto Platform BitOasis Raises $30M, Plans Regional Expansion". https://www.forbesmiddleeast.com/innovation/startups/uaes-cryptocurrencies-platform-bitoasis-raises-$30m-eyeing-expansions-across-mena. 
  9. ↑ 9.0 9.1 Roy, Alisha. "How 2021 became the year of Bitcoin, DeFi and BitOasis". https://www.khaleejtimes.com/cryptocurrency/how-2021-became-the-year-of-bitcoin-defi-and-bitoasis. 
  10. ↑ Roy, Alisha. "What crypto beginners need to know before investing in Bitcoin ETFs". https://www.khaleejtimes.com/cryptocurrency/what-crypto-beginners-need-to-know-before-investing-in-bitcoin-etfs. 
  11. ↑ "Wamda co-leads BitOasis $30 Million Series B round". https://www.wamda.com/2021/10/wamda-leads-bitoasis-30-million-series-b-round. 
  12. ↑ Roy, Alisha. "BitOasis launches zero-fee local funding option for UAE-based customers". https://www.khaleejtimes.com/cryptocurrency/bitoasis-launches-zero-fee-local-funding-option-for-uae-based-customers. 
  13. ↑ "Dubai crypto platform teams up with police to combat crypto fraud". October 3, 2021. https://arab.news/rhqxr. 
  14. ↑ D'Mello, Sandhya. "BitOasis to be registered in GoAML". https://www.khaleejtimes.com/business/bitoasis-to-be-registered-in-goaml. 
  15. ↑ Roy, Alisha. "BitOasis to add 12 New Tokens to its Exchange Platform". https://www.khaleejtimes.com/cryptocurrency/bitoasis-to-add-12-new-tokens-to-its-exchange-platform. 
  16. ↑ Bartenstein, Ben. "UAE Readies National Crypto Licensing in Push to Embrace Fintech". https://www.bloombergquint.com/business/uae-readies-national-crypto-licensing-in-push-to-embrace-fintech. 
  17. ↑ Reporter, A. Staff. "BitOasis entity secures regulatory approvals as virtual assets gain rapid adoption globally". https://www.khaleejtimes.com/business/bitoasis-entity-secures-regulatory-approvals-as-virtual-assets-gain-rapid-adoption-globally. 
  18. ↑ "Crypto Exchange BitOasis Raises $30M to Fuel Geographic Expansion". https://finance.yahoo.com/news/crypto-exchange-bitoasis-raises-30m-130518355.html. 
  19. ↑ https://www.arabianbusiness.com/banking-finance/466746-dubai-crypto-platform-bitoasis-sees-over-15bn-trading-in-h1 [bare URL]
  20. ↑ "BitOasis to receive special licence to operate in UAE". May 16, 2020. https://fintechmagazine.com/financial-services-finserv/bitoasis-receive-special-licence-operate-uae. 
  21. ↑ "BitOasis gains regulatory approval for Abu Dhabi crypto exchange". April 29, 2021. https://arab.news/bnvzm. 
  22. ↑ "Dubai crypto platform teams up with police to combat crypto fraud". https://www.msn.com/en-ae/news/featured/dubai-crypto-platform-teams-up-with-police-to-combat-crypto-fraud/ar-AAP5k7h. 
  23. ↑ "Get Bag of Best Cryptocurrency". https://coinmarketbag.com/. 




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