ChainCatcher news, according to Coindesk, Indian cryptocurrency exchange CoinDCX has acquired the trading platform BitOasis, with the specific acquisition amount not disclosed. This marks its first entry into the Middle East and North Africa (MENA) market, and the acquisition will help BitOasis expand its business in the region.It is reported that CoinDCX is one of the most well-known cryptocurrency exchanges in India, with over 15 million users and a quarterly spot trading volume exceeding $840 million. Previously, BitOasis had obtained a license to operate brokerage services in Bahrain and has secured operating licenses in its home country, the UAE.

ChainCatcher news, Singapore-based digital payment provider FOMO Pay has reached a strategic partnership with UAE digital bank Zand Bank, aiming to facilitate seamless cross-border payments between Asia and the Middle East and North Africa (MENA) region. Through this collaboration, both parties are committed to further providing fast, secure, and cost-effective digital payment and digital banking solutions to optimize the cost-effectiveness and time efficiency of B2B cross-border transactions.FOMO Pay is a payment institution authorized by the Monetary Authority of Singapore, with its cross-border remittance services covering over 70 countries. Recently, it obtained a license in Hong Kong and will launch payment and remittance services there, further promoting cross-regional economic connections in the Greater Bay Area. Zand Bank is a fully licensed digital bank by the Central Bank of the UAE, focusing on digital innovation.