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

  • Alex Dovbnya
    📰 News

    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

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) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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