Major Middle Eastern Exchange Calls For Regulatory Actions Amidst Saudi Arabian Clampdown on Crypto

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Alex Dovbnya
BitOasis, a major cryptocurrency exchange in the Gulf region, takes a militant stance in the wake of the prohibitive measures announced by the Saudi government
Major Middle Eastern Exchange Calls For Regulatory Actions Amidst Saudi Arabian Clampdown on Crypto
Cover image via U.Today

BitOasis, a major cryptocurrency exchange in the Gulf region, takes a militant stance in the wake of the prohibitive measures announced by the Saudi government. The company is going to actively cooperate with GCC officials in order to design a ‘common sense’ regulatory platform.

Ola Doudin, the chief executive of BitOasis, is certain that digital assets and the Blockchain technology are not going anywhere. Doudin also claims that there is a growing need for regulations, which would make the cryptocurrency market more secure and accessible.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.