Posts

Showing posts with the label virtualassets

India’s CoinDCX investment into UAE BitOasis crypto broker breaths new life into the company

Image
    UAE based BitOasis crypto broker exchange has announced that it has secured an investment from CoinDCX, India’s biggest crypt exchange. This comes after BitOasis’s license was suspended by VARA for not meeting requirements. The latest investment will give BitOasis a new life line. As per the news, the new capital injection will help to support BitOasis’s vision to amplify its regional presence and secure further licenses in the region. Commenting on the news, Ola Doudin, Co-Founder and CEO of BitOasis said: “We are delighted to be working with CoinDCX, India’s leading crypto platform. From our first conversations, it was clear we share a common vision and synergies across our markets that we look forward to building towards. The investment will allow us to sharpen our focus on perfecting our existing products and expanding across our markets. We are very excited about the opportunities the funding will unlock for us.” Sumit Gupta, Co-Founder and CEO of CoinDCX stat...

UAE HAYVN receives VASP license from European jurisdiction

Image
  UAE based HAYVN, a digital asset payment, trading, custodian service provider regulated in the UAE, Cayman Islands, Australia, British Virgin Islands, has also received a VASP ( Virtual asset service provider) license from European jurisdiction, Lithuania. The Lithuanian Financial Crime Investigation Service (FNTT) has provided HAYVN with a VASP license. According to HAYVN, by obtaining the VASP license from the Lithuanian regulators, HAYVN is further equipped to offer its suite of services throughout Europe. "We are delighted to have obtained the VASP license from Lithuanian regulators," said Christopher Flinos, CEO of HAYVN. "This achievement solidifies our position as the trusted and compliant European cryptocurrency provider, enabling us to deliver innovative solutions to clients across Europe. HAYVN remains committed to upholding the highest standards of regulatory compliance and security, as we continue to expand our presence and contribute to the growth of...