Ola Doudin on regulation
From Ola Doudin, co-founder and CEO, BitOasis - The GCC's Tech Vanguard 2024 by Inc. Arabia · · Inc. Arabia
“We want to see more momentum across regulation kind of moving to similar steps like how the UAE is positioning itself in the web 3 space.”
On , Ola Doudin, CEO & Co-Founder at BitOasis, spoke about regulation during Ola Doudin, co-founder and CEO, BitOasis - The GCC's Tech Vanguard 2024 by Inc. Arabia on Inc. Arabia.
About Ola Doudin
Ola Doudin, co-founder and CEO of BitOasis, has stated that the company was acquired by the Indian cryptocurrency platform CoinDCX in 2024, describing it as the first M&A crypto deal out of the region. She said that BitOasis maintains its brand and local focus after the acquisition, and that the deal allows the company to tap into larger pools of capital and leverage CoinDCX's technology while retaining autonomy. Doudin has described BitOasis as the first and largest digital asset exchange in the Middle East, serving retail and institutional clients in the GCC region, and noted that the company holds licenses from the Virtual Asset Regulatory Authority (VARA) in Dubai and the Central Bank of Bahrain. Doudin has commented on the regulatory environment in the UAE, stating that Dubai is becoming a global crypto hub and that the region benefits from regulatory clarity. She has said that further adoption requires buy-in from central banks and more public awareness campaigns. Doudin has also discussed the role of stablecoins, stating that they account for over 50-60% of transactional volume in emerging markets like Nigeria, and has expressed the view that every asset will eventually be traded on a blockchain. She has described the crypto market as a "survivors game" during past crashes and emphasized the importance of understanding the real opportunity despite market noise.