Delivering Secure Digital Asset Solutions Across MENA
Bridging the Gap Between Traditional Finance and Crypto
CoinMENA is a rapidly growing crypto exchange founded by CEO Talal Tabbaa and COO Dina Sam’an. The company offers a one-stop-shop for trading, storing, and managing cryptocurrency via a regulated, user-friendly platform tailored for the Middle Eastern market.
Reducing Regulatory Risk While Pursuing Innovation
“To minimize risk,” Tabbaa believes that “one of the most important things financial platforms and companies can do is partner with industry leading solutions and custody providers rather than building your own.”
Why BitGo Was the Ideal Partner for CoinMENA
As a registered exchange with regional authorities, CoinMENA is committed to complying with the most advanced regulatory standards and maintaining best-in-class custody and exchange practices.
You want a company that is responsive to feedback and sees you not as only a customer, but also as a partner.
As a result, there were several key factors that led them to choose BitGo as a partner:
Comprehensive Insurance Coverage to Mitigate Risk
BitGo Bank & Trust, National Association provides robust insurance coverage against breaches for assets in cold storage, offering clients peace of mind when entrusting their digital assets to the platform.
Established Brand Legitimacy and Trust
As a leader in the qualified custody space since 2013, BitGo is known to provide the most advanced and secure custody solutions.
Commitment to Transparency and Collaboration
BitGo fosters a partnership with CoinMENA by providing full transparency into our operations, practices, and policies regarding the handling and custody of digital assets.
Advanced Product Offerings
BitGo’s cold qualified custody and hot wallets effectively address both existing and future security needs for CoinMENA and its users.
Tabbaa says, “I would definitely recommend BitGo for any financial institution or crypto company that manages any number of digital assets, especially regulated companies.”
The Future is Bright
Tabbaa views CoinMENA as “a centralized interface for the masses that want to access the decentralized economy through blockchain technology.” His vision of the future is a world where crypto will be integrated into many existing workflows.
CoinMENA is a cryptocurrency exchange serving nearly all countries in the Middle East and North Africa. Founded in 2019 and backed by the Central Bank of Bahrain and Dubai’s Virtual Assets Regulatory Service (VARA), CoinMENA’s mission is to provide the simplest and most accessible way to purchase digital assets in the MENA region. With a strong focus on compliance, security, and innovation, CoinMENA enables people to seamlessly transfer funds between traditional banking services and crypto, all in the users’ local currency.
Table of Contents
- Bridging the Gap Between Traditional Finance and Crypto
- Reducing Regulatory Risk While Pursuing Innovation
- Why BitGo Was the Ideal Partner for CoinMENA
- The Future is Bright
About BitGo
BitGo is the digital asset infrastructure company, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have been focused on accelerating the transition of the financial system to a digital asset economy. With a global presence and multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide. For more information, visit www.bitgo.com.
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