Crypto Exchange Set to Get First Approval to Operate in Mideast
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A five-year-old cryptocurrency exchange in the Middle East is poised to become the first to receive a special license to operate in the region after getting a preliminary nod from the United Arab Emirates.
U.A.E.-based BitOasis says it received preliminary approval in April from the Financial Services Regulatory Authority of Abu Dhabi Global Market Authorities to operate a crypto asset platform and wallets.