Author: Crypto Insider

Roofstock, a digital real estate platform for single-family rental investing, announced closing a $240 million Series E round led by SoftBank‘s Vision 2 fund. With the new funding, Roofstock achieved a valuation of $1.94 billion. The Roofstock platform enables the $4 trillion fragmented, cottage industry of single-family rentals (SFRs) to become a relevant asset class….

Britain’s Financial Conduct Authority (FCA) has warned operators of crypto ATMs in the UK to shut down their machines, claiming it illegal. The financial watchdog says that it hasn’t granted any of the crypto firms registered with it the permission to operate ATM services. Government regulators are concerned about money laundering using crypto ATMs. The…

Сrypto businessman Ilman Shazhaev got stuck in Dubai in the wake of the COVID-19 lockdowns. However, he realized soon that Dubai is the best place to conduct international business. In a Cointelegraph interview, Shazhaev shared that he got stranded in the Middle-Eastern country during the pandemic lockdowns. However, he soon realized that it was a…

Crypto firms in the UAE are being flooded with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, Reuters reported. According to sources, some clients are investing with crypto in real estate in the UAE, while others want to use local companies to turn their virtual…

Crypto tokens tied to gold, a traditional inflation hedge, continue to see solid growth amid a turbulent geopolitical backdrop as the specter of stagflation hangs over the global economy. Digital assets backed by gold have seen demand surge since the start of 2022 according to data from Arcane Research. The market cap of PAX Gold…

Binance Holdings is in talks to obtain a license to operate in Dubai, said Bloomberg, citing a person familiar with the matter. The move comes after Dubai adopts its first law governing virtual assets. As Bloomberg reported Wednesday, the world’s largest crypto exchange Binance is in talks with the Dubai World Trade Centre free zone…