BitOasis Expands GCC Presence with New Bahrain License and Office

BitOasis has unveiled a major expansion into the GCC market, headlined by the opening of a new office in Bahrain. This expansion is supported by the Category 2 Crypto-Asset Services License recently obtained from the Central Bank of Bahrain, which will allow BitOasis to offer comprehensive broker-dealer services to retail, corporate, and institutional clients. Set to begin operations in late 2024, BitOasis Bahrain will cater to both local and broader regional markets. This initiative follows BitOasis’ reopening of its Dubai platform to investors and a significant investment from CoinDCX, aimed at furthering its growth and service enhancement plans.

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