BitOasis expands its operations to Bahrain with CBB license

BitOasis Bahrain Launch
Image Supplied | Cropped by GBN
By Shilpa Annie Joseph, Sr. Content Head
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BitOasis, the regional virtual assets trading platform, has officially launched its operations in Bahrain, reinforcing its position as the region’s most trusted, compliant, and locally rooted broker-dealer platform.

BitOasis Bahrain will operate under a Crypto-Asset Services License from the Central Bank of Bahrain, delivering secure, compliant, and robust trading services for retail, corporate, and institutional users.

Designed to cater to all types of traders, it offers an easy-to-navigate interface for beginners, while also providing advanced features for more experienced traders seeking sophisticated tools.

To expand its presence in the region, BitOasis has launched premium services for high-net-worth individuals and institutional clients, featuring exclusive VIP offerings and dedicated relationship support. The platform also supports local bank transfers, ensuring seamless and efficient deposits and withdrawals across the GCC.

Ola Doudin_BitOasis VASP License from VARA
Ola Doudin
Co-Founder and CEO BitOasis

“Today marks a significant milestone as we proudly launch BitOasis in Bahrain. BitOasis has always stood for trust, providing the best experience for users and maintaining a robust platform. With the backing of CoinDCX for over a year now, we are accelerating that mission. CoinDCX’s 200+ strong technology team now powers the platform’s backend, unlocking faster performance, deeper liquidity, stronger security, and a significantly enhanced product suite. Our ambition is clear: to reach one million users across the region by 2026, setting the gold standard for compliance, innovation, and customer experience.”

This milestone comes at a time when the MENA region is rapidly emerging as one of the fastest-growing virtual asset markets globally. Fueling this momentum are forward-looking government initiatives across the GCC. Countries like the UAE are making significant investments in blockchain and digital infrastructure, signaling strong institutional support for the long-term growth of the sector.

“For CoinDCX, MENA is not a market to merely enter—it’s a region to co-build. Since acquiring BitOasis in July 2024, we’ve seen tremendous progress. BitOasis secured a full VASP License from VARA in December 2024, and with its launch in Bahrain, we’re further strengthening our regional presence. By joining forces, we’re creating a platform that’s local at heart but global in strength. Our goal is to transform the market, building the most secure, compliant, and future-ready crypto platform in the region,” said Sumit Gupta, Co-Founder, CoinDCX.

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