Easy Coins Acquired by Foreign Investors, Marking New Chapter in Oman’s Digital Asset Ecosystem

Easy Coins, Oman’s first cryptocurrency exchange and the only non-custodial platform of its kind in the MENA region, has been acquired by foreign investors who have established a company in Oman. The acquisition cost has not been made public.

Launched at a time when Oman was still debating whether to ban or regulate digital assets, Easy Coins played a pivotal role in guiding the country toward regulation. By providing a safe and transparent model, the platform demonstrated how crypto could be adopted securely—helping shape the government’s decision to regulate rather than prohibit.

At the heart of this journey has been Dr. Khalid Tahhan, who has been championing blockchain and crypto adoption in Oman since 2015. Through continuous engagement with government entities, he worked to overcome institutional concerns, highlighting how risks could be mitigated through innovation and compliance.

Easy Coins became the first and only exchange registered with the Financial Services Authority (FSA). It was also included in Oman’s MENA FATF evaluation, where it was recognized for its strong risk management and innovative use of technology.

Dr. Tahhan’s entrepreneurial record underscores his role as a pioneer in the country’s tech landscape. Before Easy Coins, he founded Blockchain Solutions and Services LLC in partnership with a government investment body, later exiting through a sale to Omantel. He then co-founded Easy Coins and Hasalah with HH Sayyid Azzan bin Kais Al Said, Nabil Salim Al Siyabi, and Said Salim Al Hajri, further strengthening Oman’s digital finance infrastructure.

The acquisition of Easy Coins signals a new phase for Oman’s digital asset market. While the exchange now moves under foreign ownership, its legacy as a regulatory-first platform—and the vision of its founding team—has already left a lasting impact on the country’s approach to digital finance.