{"id":12545,"date":"2025-05-15T03:53:47","date_gmt":"2025-05-15T03:53:47","guid":{"rendered":"https:\/\/fintechnews.ae\/?p=26140"},"modified":"2025-05-15T03:53:47","modified_gmt":"2025-05-15T03:53:47","slug":"dubais-bitoasis-expands-to-bahrain-under-central-bank-license","status":"publish","type":"post","link":"https:\/\/mena-fintech.org\/demo\/dubais-bitoasis-expands-to-bahrain-under-central-bank-license\/","title":{"rendered":"Dubai\u2019s BitOasis Expands to Bahrain Under Central Bank License"},"content":{"rendered":"

BitOasis<\/a>, a virtual assets trading platform based in Dubai, has officially launched its operations in Bahrain.<\/p>\n

BitOasis Bahrain will operate under a Crypto-Asset Services License issued by the Central Bank of Bahrain<\/a>.<\/p>\n

The platform offers trading services for retail, corporate, and institutional clients, featuring a user-friendly interface for beginners alongside advanced tools for experienced traders.<\/p>\n

To support its expansion, BitOasis has introduced premium services aimed at high-net-worth individuals and institutional investors.<\/p>\n

These include VIP offerings and dedicated relationship support. The platform also supports local bank transfers across the Gulf Cooperation Council (GCC), enabling easier deposits and withdrawals.<\/p>\n

\"Ola
Ola Doudin<\/figcaption><\/figure>\n
\n

\u201cCoinDCX\u2019s 200+ strong technology team now powers the platform\u2019s backend, unlocking faster performance, deeper liquidity, stronger security, and a significantly enhanced product suite. Our ambition is clear: to reach one million users across the region by 2026, setting the gold standard for compliance, innovation, and customer experience.\u201d<\/p>\n<\/blockquote>\n

said Ola Doudin, CEO and Co-Founder of BitOasis.<\/p>\n

The expansion takes place amid a period of rapid growth in the MENA virtual asset market, supported by government initiatives and investment in digital infrastructure.<\/p>\n

In the GCC, high internet penetration and a predominantly young population are contributing to a digitally driven environment.<\/p>\n

Sumit Gupta, Co-Founder of CoinDCX<\/a>, said:<\/p>\n

\"Sumit
Sumit Gupta<\/figcaption><\/figure>\n
\n

\u201cFor CoinDCX, MENA is not a market to merely enter\u2014it\u2019s a region to co-build. Since acquiring BitOasis in July 2024, we’ve seen tremendous progress. BitOasis secured a full VASP Licence from VARA in December 2024, and with its launch in Bahrain, we’re further strengthening our regional presence. By joining forces, we\u2019re creating a platform that\u2019s local at heart but global in strength.\u201d<\/p>\n<\/blockquote>\n

BitOasis was founded in 2016 and has since processed over US$7.4 billion in trading volume.<\/p>\n

It has raised over US$40 million in funding<\/a>.<\/p>\n

The Bahrain launch follows the company\u2019s receipt of a full Virtual Asset Service Provider License from Dubai\u2019s Virtual Assets Regulatory Authority in December 2024.<\/p>\n

 <\/p>\n

Featured image: Ola Doudin, CEO and Co-Founder, BitOasis, Ali Dashti, General Manager, BitOasis Bahrain, and Sumit Gupta, Co-Founder of CoinDCX.<\/em><\/p>\n

The post Dubai’s BitOasis Expands to Bahrain Under Central Bank License<\/a> appeared first on Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

BitOasis, a virtual assets trading platform based in Dubai, has officially launched its operations in Bahrain. BitOasis Bahrain will operate under a Crypto-Asset Services License issued by the Central Bank of Bahrain. The platform offers trading services for retail, corporate, and institutional clients, featuring a user-friendly interface for beginners alongside advanced tools for experienced traders. […]<\/p>\n

The post Dubai\u2019s BitOasis Expands to Bahrain Under Central Bank License<\/a> appeared first on Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174,176,177,178],"tags":[],"class_list":["post-12545","post","type-post","status-publish","format-standard","hentry","category-bahrain","category-bitoasis","category-central-bank-of-bahrain","category-coindcx"],"_links":{"self":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/comments?post=12545"}],"version-history":[{"count":2,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12545\/revisions"}],"predecessor-version":[{"id":12753,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12545\/revisions\/12753"}],"wp:attachment":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/media?parent=12545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/categories?post=12545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/tags?post=12545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}