Author: Crypto Insider

Blockchain and cryptocurrencies are not only difficult to regulate but are also here to stay, said Varouj Nerguizian, CEO of the UAE-based Bank of Sharjah. However, despite this prediction, the CEO admits that many in the banking sector still do not fully understand this technology. Varouj Nerguizian, the CEO of Bank of Sharjah, has said…

Crypto exchange FTX Trading Ltd. has raised $400 million in a Series C funding round, valuing the company, which has leaned heavily on sports and gaming, at $32 billion. The investment values the crypto exchange at the same level as Deutsche Boerse and more than Nasdaq or Twitter. According to the company’s statement, the round…

Bahrain-based crypto exchange CoinMENA has obtained a cryptocurrency license from the European Union. As a result, CoinMENA will now be able to expand to new jurisdictions in the MENA region and beyond, as well as increase the number of crypto assets and crypto financial services on the platform. Launched in 2021 by Dina Sam’an, Talal…

Omani authorities call specialized companies interested in helping the country set up a regulatory framework for virtual assets to submit their proposals. Interested companies have to submit their proposals by March 23, 2022. The Oman financial watchdog, the Capital Markets Authority (CMA), recently invited companies interested in helping it set up a regulatory framework for…

Based in Dubai, blockchain-powered live streaming project Stream Coin (STRM) announced its upcoming initial coin offering (ICO) starting on February 1. Stream Coin is debuting a cutting-edge, all-in-one platform named “MeiTalk” to bring reform and innovation into the live streaming sector. Driving the engine of this platform is the STRM token. Meanwhile, the creative team…

Alphabet’s Google Cloud has launched a new enterprise that will focus on blockchain applications in an effort for the internet giant to expand its services. The new team aims to accelerate customers’ efforts in the emerging blockchain and crypto spaces, the company explained. In the future, Google Cloud could accept payments in cryptocurrencies. According to…