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.

Cover image via u.today
The fastest way to get crypto news is to follow our Twitter. You won’t miss a thing! Subscribe.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an 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.

👓 Recommended articles

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy

Cookie settings