The capabilities of the UPEX team is highly recognized by CPOS and the mutual cooperation this time gives CoinPOS strong confidence to further accelerate the process of CPOS globalization. —
Founded in 2018, UPEX is the first digital asset trading platform in the Middle East market. It has already obtained the license for digital assets transaction issued by the Bahrain government and incorporated into the financial incubator, providing Arabic-language-supported multi-cryptocurrency and various legal currency trading services to the Middle East blockchain investors.
The Middle East market economy is well-developed, and the per capita GDP of the 6 Gulf countries is more than 40,000 US dollars. It is a true Treasure land! At the same time, the digital and monetary policy in this region is relatively loose, Bahrain has officially issued digital currency licenses, and the UAE has adopted blockchain technology as a national strategy. UPEX has already got the license issued by the Bahrain government and that by Dubai government is during the last verification phase.
CoinPOS is committed to building a shared, secure and efficient global offline payment network using blockchain technology to create the world's first professional smart terminal "securities" in the blockchain industry, providing users with comprehensive online-to-offline solutions. The open policy in the Middle East is beneficial to the vision of CoinPOS and the independent and unique language market of 400 million people will further improve the CPOS global community.
Release ID: 88889540