India’s largest cryptocurrency exchange, CoinDCX, has acquired BitOasis, a prominent virtual asset trading platform in the Middle East and North Africa (MENA) region. This acquisition marks CoinDCX’s entry into the MENA market, reflecting the company’s ambition to expand globally. BitOasis is known for its high trading volumes in Emirati dirhams, making this acquisition a strategic move for CoinDCX to establish a strong presence in the region. BitOasis recently secured a Virtual Assets Regulatory Authority (VARA)-issued minimum viable product (MVP) operational license from the Central Bank of Bahrain (CBB). This license allows BitOasis to operate as a broker-dealer under strict regulatory
