Indian Crypto Exchange CoinDCX Acquires BitOasis

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A prominent Indian Crypto Exchange CoinDCX has acquired BitOasis marking its first expansion into the Middle East and North Africa. The co-founder of CoinDCX explained that BitOasis will continue to operate independently under its existing licenses, supervised by the relevant regulatory authorities. This news follows BitOasis winning a license to operate as a broker-deal in Bahrain which allows BitOasis to operate as a broker-dealer under strict regulatory conditions and ensures the platform’s operations are regulated and comply with legal parameters. 

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