Dubai Crypto Exchange BitOasis Seeks to Lift Saudi Arabia Ban

BitOasis, a Dubai-based crypto exchange with a significant presence in the Middle East and North Africa, will work with financial markets and services regulators from the Gulf Cooperation Council (GCC) on a regulatory framework for the nascent crypto industry in the region.

According to a publication on the Arabian Business website, the main reason for the move is the recently introduced ban on anything involving cryptocurrencies in Saudi Arabia.

“Digital assets and blockchain technology are a rea…

This article appeared first on Cryptovest

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