Category: BitOasis

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Dubai Crypto Exchange BitOasis Secures Investment from Jump Capital and Wamda – Here’s the Latest

August 26, 2023

Dubai-based cryptocurrency exchange BitOasis has secured a round of funding from a group of investors, including Indian digital-asset platform CoinDCX.  According to a Friday report from Bloomberg, the specific terms of the deal and the valuation of the exchange have not been disclosed. The report revealed that the recent funding round saw participation from existing investors Wamda Capital and Jump Capital. … Read…
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Dubai Regulator Deems Crypto Exchange Bitoasis’ License ‘Non-Operational’

July 12, 2023

Cryptocurrency exchange Bitoasis’ license has been deemed “non-operational” by the Dubai digital assets regulator, the Virtual Assets Regulatory Authority. According to the regulator, VARA took the decisive step after Bitoasis failed to meet “mandated conditions within the prescribed timelines.” VARA-Mandated ‘Remedial Actions’ The Dubai digital assets regulator, the Virtual Assets Regulatory Authority (VARA), announced on…
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Dubai crypto regulator suspends BitOasis crypto exchange license

July 11, 2023

BitOasis was the first crypto exchange to get an operational license in Dubai, which has now been suspended by the local regulator for not meeting key conditions in time. Dubai’s cryptocurrency regulator has suspended the license of crypto exchange BitOasis for not meeting mandated conditions within the timeframes set out by the authority. On July…
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Blockchain.com partners with Visa to offer crypto debit card

October 27, 2022

The launch of the new crypto debit card follows the announcement of similar products from FTX and BitOasis. Crypto exchange Blockchain.com has partnered with Visa to launch a crypto card, available to only U.S. residents initially, which allows users to pay using their crypto or cash balance wherever Visa debit cards are accepted. In an…
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UAE-Based Crypto Exchange Bitoasis Obtains Provisional Approval From Dubai’s New Regulator

March 31, 2022

A major cryptocurrency exchange in the UAE, Bitoasis, has obtained provisional approval from Dubai’s new cryptocurrency regulator. Binance and FTX have also been green-lighted by the regulator. Bitoasis Pursuing License From Dubai’s New Crypto Regulator Bitoasis, a major crypto exchange founded and headquartered in Dubai, announced Wednesday that it has received “provisional approval” from Dubai’s…
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