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Dubai’s New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX

Dubai's New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTXDubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when Dubai approved its first law to regulate crypto assets. Dubai Licenses Binance and FTX Cryptocurrency exchanges FTX and Binance have been licensed by Dubai’s Virtual Asset Regulatory Authority (VARA). The regulator was established last week […]

Ireland and UAE Fintech collaboration to drive The National Financial Services Transformation Journey

  Leading Irish Fintech companies will be in Dubai to take part in the Irish Fintech Innovation Showcase event organised by Enterprise Ireland, the Irish Government’s trade and innovation agency in collaboration with the Commercial Bank of Dubai (CBD) and Dubai International Financial Centre (DIFC). Minister Darragh O’Brien T.D. is visiting the UAE as part […]

The post Ireland and UAE Fintech collaboration to drive The National Financial Services Transformation Journey appeared first on Fintech News.

Exchanges FTX And Binance Acquire Licenses In The Middle East

Exchanges FTX and Binance acquire licenses in the Middle East after getting regulatory approval from Dubai and Bahrain so let’s read more in today’s latest cryptocurrency news. Crypto exchanges FTX and Binance announced they acquired new licenses to operate in Dubai and Bahrain. FTX’s European Affiliate – FTX Europe and MENA announced that they acquired […]

Credit Libanais, Codebase Technologies and Visa team for financial inclusion in Lebanon

Credit Libanais launches an instant, fully e-KYC onboarding mobile application for a virtual prepaid card.

Binance seeks to open shop in Dubai, strengthening its foothold in the Middle East

Binance Holdings Ltd, the world’s biggest centralized crypto exchange by trading volume, is in talks with authorities in Dubai over a license to operate in the Gulf city-state.

The post Binance seeks to open shop in Dubai, strengthening its foothold in the Middle East appeared first on CryptoSlate.

Al Fardan Exchange and Thunes partner for instant payments to 87 countries

Al Fardan Exchange customers can make payments to 87 countries in Europe, Africa, APAC and LatAm.

The odds of Chainlink flipping its trend and what it means for LINK’s sellers

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A telecom company based in Bahrain, Bahrain is reported to have launched its Chainlink node. Using this node, the company can provide smart contracts and support Chainlink Price Feeds. This is the first time a […]

Gamerji raises $1.1m in funding round

Indian esports tournament platform Gamerji has raised $1.1m (~£833,497) during its pre-season Series A funding round. According to the release, the funding will be used to ‘build social features’ within the platform alongside helping expand Gamerji into South East Asian and MENA regions. The round was led by investment firm Unicorn India Ventures. RELATED: INOX […]

Team Spirit, TSM Dota 2 Teams to Donate Dubai 2022 Earnings to Ukraine Relief

Team Spirit and TSM are set to donate their Dota 2 Invitational Series Dubai earnings to Ukraine relief efforts.

F1 Esports Series Challengers 2022: Event 4 Round-Up!

Catch up with all the action from the fourth round of F1 Esports Series Challengers in 2022!

The post F1 Esports Series Challengers 2022: Event 4 Round-Up! appeared first on F1Esports News.

Volopay raises $29m in equity and debt for international expansion

Volopay is "building the control centre for modern companies for all their financial management needs".

SmartChem’s Token Launch to Push for Eco-Friendly Cleaning Products

The EUR50 billion global industrial cleaning product market is having a significant ecological impact. Harsh chemicals used for different kinds of cleaning are harmful to the environment and difficult to dispose of properly. SmartChem uses its patented chemical technology of intelligent fluids to provide a safer alternative to remove grease, dust and dirt with ingredients that are biodegradable and pH neutral. To raise awareness and allow for ease of access to eco-friendly products, SmartChem is holding a token sale. SMAC that Dirt Up SMAC acts as the native utility token of the SmartChem platform. Unlike other tokens available on the market, SMAC is more than just a token for transactions. A part of the Change2Green campaign, it represents a holder’s desire for impact investing and working towards a cleaner and greener earth. Supporting the tokens means that individuals and firms represent: A commitment to a better earth. Sustaining the environment. Commitment to make a positive impact. Backing up the efforts of environmental NGOs. Raising their support of the UN’s Sustainable Development goals. Other blockchain-based tokens only incite investors from a financial impact. While SMAC also has a monetary benefit, it has a fallback option where (even if the market value falls), it can be redeemed on the SmartChem platform in lieu of purchasing any cleaning product offered by Intelligent Fluids. In this way, SMAC holders not only gain the opportunity to increase their wealth holdings but also use SMAC as reward vouchers. Using and holding SMAC also proves the commitment towards protecting the environment by employing eco-friendly products and a shift away from harmful and toxic chemicals. How SmartChem Products Work? A patented technology, intelligent fluids is a range of industrial cleaning products that are free from harmful and toxic substances usually found in traditional cleaning chemicals. It utilizes a physical cleaning effect rather than a chemical process. Instead of an aggressive chemical reaction to bind dirt and other unwanted remains, the oleophilic and hydrophilic nature of the cleaning materials means that all kinds of grease, dirt and other unwanted substances are removed without harming the surface material. At the same time, using eco-friendly ingredients makes it safer for the environment. The SmartChem intelligent fluids can be used in a large variety of applications: General Cleaning: removing residue, stains and dirt from equipment, machines and floors. Degreasing Raw Materials: Preparing substrates for processing by removing grease, fats and oils. Stripping: Removing metal layers, color residues and photoresist layers. Adhesive Removal: Getting rid of glues, adhesives and other resins used to bind equipment, both permanent and temporary bonding. UN’s Sustainable Development Goals Friendly The UN has defined 17 different Sustainable Development Goals that the world has to achieve to protect itself. SmartChem products are in line with 10 of these: Climate action Clean water and sanitation Industry, innovation and infrastructure Decent work and economic growth Responsible consumption and production Good health and wellbeing Sustainable cities and communities Life below water Life on land Partnerships for the goals Funds raised from the token sale will be used by SmartChem to develop and grow its network at a global level. The platform intends to use these funds to expand its operations in Asia, US and MENA. At the same time, it will also increase its production capacity exponentially to reach 13,500 tons per year from its existing 500. With the project inception back in 2017, SmartChem has been the winner of numerous rewards for its innovative eco-friendly approach, including winning the BTC-TV Blockchain Stars Award and NOURYON Global Imagine Chemistry Award in 2019, Global Green Product Award for Circular Materials and Heraeus Global Accelerator Winner in 2021.

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