Thursday, 5 March, 2026
Dubai's new crypto regulator brings UAE firm BitOasis under its wing
By Basit Ansari
<p>As the UAE aspires to become a center for the virtual asset industry, BitOasis, a Middle East-focused crypto exchange based in Dubai, has acquired provisional approval from Dubai's new crypto regulator. Dubai adopted its first law governing digital assets this month and formed the Virtual Asset Regulatory Authority (VARA) to supervise the sector. While BitOasis applies for a full VARA license, it will continue to operate in Dubai.</p>
Read full story at Reuters
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