Author: Crypto Insider

MoonPay, a leading global crypto payments infrastructure provider, announced the launch of NFT Checkout, a plug-and-play solution allowing any brand, creator, or marketplace to give their users a simpler, faster way to buy and sell NFTs with a credit card. In addition, NFT Checkout’s card approval rates are multiples higher than standard crypto on-ramps, leading…

Visa revealed that cryptocurrency-linked card usage hit $2.5 billion in its first fiscal quarter of 2022. The payments company has shown a significant effort to support widespread digital currency adoption. In a recent earnings call, the company announced that its crypto-linked card usage hit $2.5 billion in its most recent quarter. That figure is 70%…

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…