BitOasis supports digital asset regulations as the MENA ecosystem develops

The recent adverse announcement on digital asset trading in Saudi Arabia highlights the necessity for a clear and comprehensive regulatory framework to build confidence at the highest level.

Digital assets and the blockchain are a reality, and we believe, the future of money. Our team, along with our trusted legal counsel at Allen & Overy LLP, is working closely with relevant regulators in the UAE to abide by the essential regulatory requirements to ensure our operations are legal and compliant.

We would like to reassure our users that these recent developments do not affect our operations. Our platform is still open to customers to safely and securely trade digital assets across the Middle East.

We would like to thank all our customers for using BitOasis and strive to continue our promise of being the most competitive exchange for all our users in the Middle East.