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BitOasis receives full VASP license from Dubai after CoinDCX acquisition

BitOasis has secured a full Virtual Asset Service Provider (VASP) license from Dubai’s VARA, enabling it to trade over 60 digital assets and support UAE dirham and Saudi riyal pairs. This milestone follows its acquisition by Indian exchange CoinDCX and aims to enhance regulatory compliance and service offerings. Despite previous regulatory challenges, BitOasis has established itself as a significant player in Dubai's cryptocurrency market since its launch in 2016, processing over $6.6 billion in trading volume.

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