BitOasis, a prominent cryptocurrency trading platform in the Middle East and North Africa, has officially commenced operations in Bahrain. This expansion follows the acquisition of a regulatory license from the Central Bank of Bahrain, allowing BitOasis to operate legally within the country. The move is part of BitOasis’s strategy to strengthen its presence in the region’s rapidly growing crypto market. India’s CoinDCX acquired BitOasis in July 2024, and the company aims to add 1 million users by 2026. 

Source: Economic Times