CoinDCX’s BitOasis receives full crypto license in Dubai

BitOasis’ acquisition of the full VASP license marks the final step in BitOasis’ VARA licensing process, targeting a range of crypto trading services.

Dubai-based cryptocurrency trading platform BitOasis has secured a new license in its home jurisdiction after being acquired by the Indian crypto exchange CoinDCX.

BitOasis has received a full virtual asset service provider (VASP) License from Dubai’s Virtual Assets Regulatory Authority (VARA), the firm announced on Dec. 9.

The acquisition of the VASP license marks the final step in BitOasis’ VARA licensing process, targeting a range of crypto trading services, including buying, selling and trading.

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