Middle East-focused exchange company BitOasis has signed an agreement with MasterCard to launch encrypted payment cards in the Middle East and North Africa, allowing customers to make purchases at points of sale or online. The Middle East and North Africa is the fastest-growing region in cryptocurrency adoption in the world, and the UAE aspires to become a global hub for cryptocurrency as economic competition intensifies in the Gulf region, particularly with Saudi Arabia.
“BitOasis” collaborates with “MasterCard” to introduce encrypted cards to the Middle East market
