BitOasis, the leading regional virtual assets broker-dealer trading platform in the Middle East and North Africa, is proud to announce the signing of a Memorandum of Understanding (MoU) with Dubai Police. This strategic collaboration underscores our shared commitment to enhancing security, fostering innovation, and combatting financial crime.
Building on our longstanding collaboration with Dubai Police, our new partnership reflects the spirit of the Dubai Economic Agenda, D33: contributing to the economic prosperity of Dubai through innovation, technology, and collaboration between the public and private sectors.
Commenting on the partnership, Brigadier Hareb Al Shamsi, Director of Criminal Investigation for Research and Investigation Affairs at Dubai Police, emphasized the importance of public-private partnerships in addressing sophisticated economic crimes driven by technological advancements:
“These collaborations enable the implementation of proactive measures to enhance the security system effectively and efficiently. Our strategic plans are designed to anticipate future challenges, particularly in combating economic crimes, which have become increasingly sophisticated due to growing reliance on technology in both professional and personal practices worldwide. Therefore, we continuously adapt to these trends to ensure that Dubai remains the safest city in the world.”
As part of the partnership, Dubai Police and BitOasis will exchange expertise to proactively enhance the safety of consumers and the virtual assets ecosystem. This initiative aligns with the UAE’s National Strategy for Anti-Money Laundering and Countering the Financing of Terrorism for 2024-2027, reinforcing our shared commitment to consumer protection and innovation.
Speaking at the signing ceremony, BitOasis CEO Ola Doudin said:
“We are thrilled to deepen our partnership with Dubai Police. This collaboration is a pivotal step in our mission to enhance security and trust within the virtual assets ecosystem. By uniting our expertise, we aim to proactively safeguard consumers and drive technological innovation in line with Dubai’s economic vision.”
This collaboration is a testament to the growing synergy between the public and private sectors in creating a safe, transparent, and forward-thinking digital economy.
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Together, we are building a more secure, innovative, and resilient future for Dubai’s digital economy.
Important Notice: BitOasis does not provide investment or legal advice. Cryptocurrency trading involves substantial risk of loss, extreme volatility, and potential total loss of value. Virtual assets do not offer financial protection, and investors may lose all money invested. It is recommended that you seek independent professional advice to fully understand these risks.