A major cryptocurrency exchange in the UAE, Bitoasis, has obtained a provisional license from Dubai's new cryptocurrency regulator. crypto cryptocurrency bitcoin $BTC
UAE-Based Crypto Exchange Bitoasis Obtains Provisional Approval From Dubai's New Regulator
The provisional license allows Bitoasis to continue its business operations in Dubai while undergoing an in-depth process to obtain a full license. Helal Saeed Almarri, director general of the Dubai World Trade Centre Authority that houses the VARA, commented:
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