TagBitOasis

Dubai Bitcoin Exchange BitOasis Wins Preliminary License in Middle East First

Bitcoin, BitOasis, Dubai, Crypto, Cryptocurrency

By CCN: The United Arab Emirates has granted crypto exchange BitOasis a preliminary license which allows it to operate a digital asset wallet and a trading platform in the region. According to Dubai-based BitOasis, this will make the firm Middle East’s first regulated bitcoin exchange. The preliminary license was granted by the Financial Services Regulatory Authority. This is one of the three...

Dubai Bitcoin Exchange Halts Fiat Withdrawals Due to Bank 'Issue'

Dubai-based exchange BitOasis has suspended UAE Dirham/BTC trading, citing issues with the bank servicing the exchange itself. A communication was sent to BitOasis users yesterday that starting Tuesday, no more dirham can be withdrawn from the exchange, leaving users with today only to move their balance elsewhere or top it up with more dirham if desired. Users wishing to make credit card...

Barry Silbert Optimistic of Global Bitcoin Exchange Volumes

Barry Silbert, the co-founder and CEO of Digital Currency Group (DCG), stated that trading volumes of global bitcoin exchanges are growing at a rapid rate. Exchanges in regions such as the Middle East and Mexico have demonstrated record breaking volumes amid bitcoin’s recent price rally. As arguably the most active investor in the bitcoin industry, Silbert collaborates with leading bitcoin...

Dubai Bitcoin Startup Snags Seed Funding

Dubai bitcoin

 Dubai-based bitcoin startup BitOasis has announced its first round of seed funding, in a round led by venture capital firm Wamda Capital, an investor focused on startups in the MENA (Middle-East and North Africa) region. BitOasis, a bitcoin wallet and exchange service that caters to several Arab countries, has announced its first round of seed funding. Participating investors include prominent...