Cryptocurrency exchange CoinDCX has acquired BitOasis, the Middle East and North Africa’s virtual assets trading platform. CoinDCX had previously made a strategic investment in BitOasis in August 2023. Our expansion strategy begins with the MENA region, capitalising on its mature market and the population's keen interest in crypto investment," said Sumit Gupta, co-founder of CoinDCX. “CoinDCX's acquisition marks an exciting new chapter for BitOasis, one that propels us forward on a much stronger ground. Since the start of BitOasis, trust and regulatory compliance have been a key pillar in our mission to drive crypto adoption across MENA.

Source: The North Africa Journal July 03, 2024 10:48 UTC