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aboutfarzinfardinfard · 3 years ago

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Farzin Fardin Fard, who bought NFT, is a famous fraudster.

With the advent of global trading networks, fraudsters did not sit around, and a fraudulent form of network marketing took place around the world called the pyramid scheme. A pyramid scheme is a network marketing scam in which a person or group makes a lot of money by measuring the appearance of a plan by harming hundreds or thousands of recruited members. In pyramid schemes, only cash is transferred, and the goods or services provided are not foreign existence or are sham. Fraudsters use fraudulent methods to promise members income that is based on attracting members and expanding the human network, not an income from a genuinely productive economic activity! There have been many pyramid scams in the last two decades, most of which have used the idea of investing in stock markets to deceive members. But why invest in the stock market? The answer is clear because a) The fraudster can easily forge a worthless piece of paper and introduce it as real securities. B) Public awareness of investing in financial markets is limited, and this is a golden opportunity for fraudsters to pursue their goals by talking about it.

Unique Finance is the name of one of the largest pyramid schemes in recent years in the Middle East. In addition to Iran, it extends its criminal activities to underdeveloped countries such as Iraq, Afghanistan, and Uzbekistan. Of course, the activity of this pyramid network has expanded in Turkey as well, and the wave of those deceived and the losers of the unique finance pyramid scheme is increasing every day. Founders of Unique Finance with Iranian nationality; Has a long history of bankrupting old Ponzi plans such as Uni funds, Quint,… And have cleverly used their past experiences in Unique Finance to present themselves in every way as a world-renowned company in the stock exchange and stock market field.

The founder of Unique Finance is Farzin Fardin Fard, an Iranian national who lives in the UAE and the cover of his music studio in Dubai; He is in charge of staging the organization. Other people, including Mohsen Derakhshan; Nima Tabari Fard; Mojtaba Goran Jalali (Cyrus Gran), also advance criminal goals; and have helped Fardin. Mohsen Derakhshan, who is known as the main branch of the reason for the existence of the losers inside Iran, has introduced a kind of pyramid scheme of Unique Finance to Iran. He was recently tried in a public court for fraud and public disruption of the economic system. He was sentenced to 20 years in prison, fined $ 60 million, and fined heavily. Unique Finance has been identified and registered as a fraudulent pyramid scheme by the supervisory and judicial bodies of Iran, Iraq, and Afghanistan. The heads of the Unique Finance organization are being prosecuted.

The management of Ewink Finance has made claims to advance its fraudulent goals. In this article, we try to verify the claims of Unique Finance fraudsters:

Is Unique Finance a Swiss company? According to the fraudsters, yes… but not in reality!!!

The claim that proponents and founders of Unique Finance have always insisted on in the news channels is that we are dealing with a world-renowned company headquartered in Switzerland and Zurich. They claim that the company’s chairman and board of directors are present at the headquarters in Zurich, Switzerland, and run the company. But just a simple question from the Swiss Financial Markets Authority (FINMA) reveals that this claim by the heads of Unique Finance is a lie. FINMA announces that: Unique Finance is on the Swiss investment alert list. There is no such company in Switzerland. It does not have an official office in this country, and there is no office at the address announced on the Unique Finance website in Zurich. According to an official inquiry from the Swiss financial market watchdog, a company called Unique Finance was dissolved in 2017 and no longer exists abroad. Fraudsters use the name of a liquidated company to cover up their fraudulent activities. The creators of Unique Finance say that the reason for the announcement of FINMA about Unique Finance is tax issues. FINMA’s response to this claim is intriguing: A company that does not exist in Switzerland cannot have a tax problem here !!! https://www.finma.ch/en/finma-public/warning-list/unique-finance/

Is Unique Finance licensed to operate internationally? According to the fraudsters, yes… but not in reality!!! The International Organization of Securities Commissions (IOSCO) is an international institution that brings together the world securities regulator and is recognized as the regulator of the global standard for the securities sector. IOSCO develops, implements, and promotes adherence to internationally recognized standards for regulating securities. The group works closely with the G20 and the Financial Stability Board (FSB) on the global regulatory reform agenda. It is the Interpol police of the world’s financial institutions. It recognizes FINMA reports (the Swiss financial market watchdog) as the regulator of Switzerland. In the IOSCO alert list, the name Unique Finance appears… Unique Finance has been published in the IOSCO Investment Alert List since July 2017. According to this international organization, Unique Finance has no legal license to operate. https://www.iosco.org/investor_protection/?subsection=investor_alerts_portal

Is Unique Finance licensed to operate in Iran? According to the fraudsters, yes… but not in reality!!!

In Iran, the police of space of exchange and production information, as well as the Committee for Supervision of the Activities of Marketing Companies, have introduced an organization called Unique Finance as a pyramid scheme, declaring the activity in this pyramid illegal and criminalizing the affiliated branches of Unique Finance. According to the General Assembly of the Supreme Court, which consists of high-ranking judges of Iran, membership in a pyramid company without a license, independent of the company’s legal personality, is considered an independent crime, and the recipient is responsible for the people. Also, the FATA police in Iran, by launching an SMS system in response to inquiries about Unique Finance, introduce this organization as a pyramid and illegal conspiracy. Moreover, the license of companies licensed to operate in Iran is published on the official website of the Committee for Monitoring the Performance of Network Marketing Companies, and no trace of the license of Unique Finance is found in Iran. Is Unique Finance listed on the Nasdaq Stock Exchange? According to the fraudsters, yes… but not in reality!!! Unique finance fraudsters have resorted to big lies to further their deceptive goals. Unfortunately, due to the ignorance of their audience, they have been able to deceive many people with this big lie. The big lie of communication, cooperation, and activity in the Nasdaq stock market and several other global stock markets !!! The official account of the Nasdaq Exchange and the representative of the Nasdaq Exchange in Dubai to this claim of the fraudsters is clear: the Nasdaq Exchange has nothing to do with Unique Finance. Unique Finance is not a member of the Nasdaq Stock Exchange!! Does Unique Finance have an automated trading system called the Auto Trading System (ATS)? According to the fraudsters, yes… but not in reality!

There is no guarantee that a robot in the stock market can give you a steady profit every day! The reason is the fluctuations of the stock market. It is not possible to buy a stock at this moment and sell it a few seconds later and make a profit! The reason is brokerage fees for trading in the stock market. If you do this and buy and sell a stock at the moment, you will undoubtedly lose because you have to pay a percentage as brokerage fee and services of the stock exchange organization. Considering the price fluctuations of large companies like Apple, we conclude that it is very difficult if we do not want to say almost impossible, to capture these fluctuations not only in seconds but also in minutes. Stock exchange funds have special rules approved and supervised by the stock exchange organization, but no law obliges them to keep the investment amount for two years! The more critical issue is how Unique Finance pays the transaction fees?! While it has no relation to the trading core of the Nasdaq Stock Exchange. A unique pyramid scheme is an example of a fake stock slip and a fake insurance policy. In this form, the fake shares of the fraudsters of Unique Finance declare that the holder of this form is a shareholder of Caterpillar worth the equivalent of 1000 US dollars. Unique Finance fraudsters claimed to buy and sell other shares that belonged to Apple, Netflix, Benz, BMW, Facebook, etc. In any country, to invest in the stock market, the exact and relatively complex steps of authentication and approval of bank accounts must be done by the supervisory body, and there are special conditions for foreign investors. Naturally, investing in US financial markets under the auspices of the Office of Foreign Assets Control (OFAC) and the Treasury Department is challenging and impossible for citizens of US-sanctioned countries, but Unique Finance fraudsters tricked their audiences with Goebbels lies, and they sold (nothing) to them for a living!

Is the initial capital insured by Unique Finance? According to the fraudsters, yes… but not in reality!

To deceive their audiences, Unique Finance fraudsters claim that an American insurance company called GPM insures the initial capital of its members. In contrast, this ridiculous claim does not conform to the simplest principles and rules of the capital market. The essence of the capital market is in the fluctuation of prices, and capital market observers always emphasize that individuals should conduct their transactions by managing capital and accepting the risks specific to this market. Another point is that GPM’s inquiries from the US Securities and Exchange Commission (SEC) and inquiries into the Delaware Company Registration System, like other inquiries about Unique Finance, are met with a negative response.

Are the people of developed countries members of Unique Finance? According to the fraudsters, yes… but not in reality!

Assuming all the fraudsters’ claims are valid, we should expect Unique Finance to be world-renowned, with tens of millions of members in developed countries. This forecast is not an exaggeration because in Europe and the United States, bank interest rates are very low, in the range of 3%. Thus, the financial group, which claims to pay a definite dividend of 72% per annum, and the amount of the initial capital is insured, even in the event of a possible fall in the value of the stock, and is safe from any fluctuations in the capital market. It should be welcomed by millions of European, American, and Asian citizens in developed countries, but such an expectation is absurd and unrealistic. Just look at the analytics statistics of the Unique Finance site in Alexa and Google Trend to realize that fraudsters target the people of poor and crisis-stricken countries and are generally involved in staggering inflation and turbulent living and economic conditions. Loot these countries such as Iraq, Iran, Afghanistan, Tajikistan, etc.

https://trends.google.com/trends/explore?q=unique.finance

Is Unique Finance the same as Unique Finanz AG? According to the fraudsters, yes… but not in reality!!!

Fraudsters claim that Unique Finance and Unique Finanz AG are one entity but with two different names!!! This claim is so ridiculous that it is enough to search for both words on the website of Zefix, the website of the official company of Switzerland. After searching, we conclude that these two names have nothing to do with each other. Unique Finanz AG, managed by Robert Weisser, has no affiliation with the alleged fraudster organization. Mr. Robert Weiser told Trust Pilot that his company has nothing to do with Unique Finance. Part of the company information explicitly stated that the company has no other name. The company operates in clean fuel and energy and has nothing to do with the fraudsters’ claims of trading in the stock market.

#Farzin Fardin fard #Farzin Scam

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cryptoflowx · 12 days ago

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BitMiner: Revolutionizing Cryptocurrency Mining with AI Technology

BitMiner is setting a new trend in the world of cryptocurrency mining by applying cutting-edge AI technology to streamline and enhance mining operations on decentralized applications (DApps) connected to Web3 wallets. As a subsidiary of the UAE Fintech Technology Group based in Dubai, BitMiner aims to make mining accessible and profitable while addressing environmental concerns.

Key Features and Benefits

1. AI-Driven Mining: BitMiner employs advanced AI to optimize coin mining, making it accessible directly through DApps without the need for traditional mining hardware.

2. Mobile Mining: Users can mine coins via their smartphones, eliminating the need for high-performance computers.

3. BIN Coin Integration: BitMiner’s native token, BIN, offers a secure financial solution with multiple utilities, including online purchases and ecosystem development.

Roadmap Highlights

- 2024: Launching BitMiner DApp, with mobile applications and partnerships to support ecosystem growth.

- 2025-2027: Expansion plans include developing multinational offices, launching an NFT marketplace, and aiming for BIT shares to list on Nasdaq by 2027.

Investment Opportunities

BitMiner offers diverse node packages, catering to different investor levels with varying rewards, from entry-level packages to advanced options with substantial hash power.

Join BitMiner Today

With a mission of "Smart Exploitation – Sustainable Profits – Planet Protection," BitMiner is paving the way for a greener, more efficient approach to cryptocurrency mining.

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#marketing

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calibraint · 12 days ago

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Top 10 NFT Development Companies

The emergence of blockchain technology has ignited a wave of innovation, reshaping industries across the globe. Among its most revolutionary outcomes are cryptocurrencies and non-fungible tokens (NFTs), which have opened exciting new possibilities for the digital art world and are seen as a key element in the future of the digital economy.

But what are NFTs exactly? Non-fungible tokens are unique digital assets based on blockchain technology, setting them apart from traditional currencies that can be exchanged one-for-one. Like physical art, NFTs allow for ownership to transfer from one person to another, enabling individuals to buy, sell, and trade digital art on prominent NFT marketplaces—sometimes for substantial profits. Artists are also benefiting, with figures such as Beeple making headlines after selling an NFT artwork for $29 million.

Here are some of the top companies driving NFT development across the globe:

1. Calibraint

Calibraint is a leading NFT development company based in the USA, offering a range of services such as NFT minting, smart contract development, marketplace creation, real estate tokenization, peer-to-peer exchanges, and crypto collectibles. Founded in 2015, Calibraint has earned a solid reputation for delivering innovative solutions globally. Their hourly rates range from $30 to $50, with a minimum project size of $10,000. The company also specializes in mobile and web development, blockchain solutions, and custom software development.

2. SemiDot Infotech

SemiDot Infotech, based in the USA, is a top NFT development firm that offers services like NFT minting, smart contract creation, IPO development, real estate tokenization, and white-label NFT marketplace development. Founded in 2011, the company serves clients in the USA, UAE, UK, and India, with an hourly rate of $25 to $30 and a minimum project size of $5,000. SemiDot Infotech also excels in mobile and web development and wearable app development.

3. LeewayHertz

LeewayHertz is an established NFT development agency in the USA, specializing in Web3 solutions such as blockchain, DeFi, gaming, and the metaverse. Founded in 2011, LeewayHertz has worked with major clients including P&G, McKinsey & Company, and ESPN. They charge an average hourly rate of $50 to $99, with a minimum project size of $10,000. The company has offices in San Francisco, New York, Chicago, and India.

4. Appinventiv

Appinventiv is a global leader in digital engineering with more than nine years of experience in blockchain and NFT development. Their team of over 1,600 certified tech experts ensures industry-leading security and a seamless user experience. Founded in 2015, Appinventiv's hourly rates range from $25 to $50, with a minimum project size of $25,000. Notable clients include KFC, Adidas, and IKEA.

5. PixelPlex

PixelPlex, with over a decade of experience, is recognized for its innovative work in blockchain and NFT development services. Having successfully completed over 450 projects, they offer blockchain solutions, business consulting, and big data consulting. Founded in 2007, PixelPlex charges $50 to $99 per hour, with a minimum project size of $25,000. Their client roster includes Microsoft, Oracle, and BMW.

6. Antier Solutions

Antier Solutions is a leading NFT development company, offering tailored services for startups and entrepreneurs. With expertise in cryptocurrency development, P2P exchanges, and metaverse solutions, Antier provides scalable blockchain and NFT services. Founded in 2005, the company has an hourly rate of $25 to $49, with a minimum project size of $10,000.

7. Cronj

Cronj is a prominent NFT development company in the USA, specializing in NFT marketplace creation, NFT smart contract development, and marketplace support. Established in 2012, Cronj offers competitive pricing, with an hourly rate of under $25 and a minimum project size of $1,000. Their clients include Unilever, Nokia, and Apollo Hospitals.

8. Tokenminds

Tokenminds.co is a standout NFT development firm in the USA, known for offering a comprehensive suite of services tailored to various industries. Founded in 2017, they offer blockchain and NFT solutions with an hourly rate ranging from $25 to $49 and a minimum project size of $20,000.

9. Artjoker

Artjoker is a well-regarded NFT token development company specializing in Web 3.0 solutions. With over a decade of experience, Artjoker has built a strong reputation in various niches. Founded in 2006, their hourly rates range from $50 to $99, with a minimum project size of $20,000.

10. Blockchain App Factory

Blockchain App Factory is a leading player in the NFT development space, specializing in Web 3.0, ICOs, STOs, and DApps. Founded in 2013, they offer extensive blockchain development services with an hourly rate of $25 to $49 and a minimum project size of $20,000.

#nft development company #nft development companies #nft token development company in chennai

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arnavq · 5 months ago

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Eddy Current Testing Market Outlook to 2030

The Insight Partners recently announced the release of the market research titled Eddy Current Testing Market Outlook to 2030 | Share, Size, and Growth. The report is a stop solution for companies operating in the Eddy Current Testing market. The report involves details on key segments, market players, precise market revenue statistics, and a roadmap that assists companies in advancing their offerings and preparing for the upcoming decade. Listing out the opportunities in the market, this report intends to prepare businesses for the market dynamics in an estimated period.

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Some businesses are just lucky to manage their performance without opting for market research, but these incidences are rare. Having information on longer sample sizes helps companies to eliminate bias and assumptions. As a result, entrepreneurs can make better decisions from the outset. Eddy Current Testing Market report allows business to reduce their risks by offering a closer picture of consumer behavior, competition landscape, leading tactics, and risk management.

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Eddy Current Testing market is all set to accommodate more companies and is foreseen to intensify market competition in coming years. Companies focus on consistent new launches and regional expansion can be outlined as dominant tactics. Eddy Current Testing market giants have widespread reach which has favored them with a wide consumer base and subsequently increased their Eddy Current Testing market share.

Report Attributes

Details

Segmental Coverage

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ACFM

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Online

Offline

pulsed eddy current testing

NFT)

near-field testing

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Ashtead Technology Ltd

Eddyfi

ETher NDE

Fidgeon Ltd

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nandani01 · 8 months ago

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Expert Web3 Developers By FewerClicks UAE

FewerClicks UAE specializes in connecting businesses with expert Web3 developers who possess the skills and expertise needed to navigate the decentralized landscape effectively. Our platform streamlines the hiring process, allowing you to find top talent quickly and efficiently. Whether you require blockchain development, smart contract programming, decentralized application (dApp) development, or expertise in decentralized finance (DeFi) and non-fungible tokens (NFTs), FewerClicks UAE has you covered.

Our curated pool of Web3 developers undergoes a rigorous vetting process to ensure they meet the highest standards of quality and professionalism. We prioritize practical experience, technical proficiency, and a passion for innovation in the Web3 space. By leveraging our platform, you can access a diverse range of talent with specialized skills tailored to your project requirements.

At FewerClicks UAE, we understand the importance of cultural fit and collaboration in driving project success. That's why we emphasize not only technical skills but also alignment with your company culture, values, and work ethic. We strive to foster strong partnerships between businesses and developers to ensure seamless integration and collaboration throughout the project lifecycle.

In addition to facilitating the hiring process, FewerClicks UAE offers ongoing support and resources to help businesses and developers thrive in the Web3 ecosystem. Whether you're embarking on a new Web3 project or scaling your existing initiatives, we're here to support you every step of the way.

Experience the power of FewerClicks UAE in finding expert Web3 developers for your next project. Streamline your hiring process and unlock the potential of decentralized technologies with our trusted platform.

FewerClicks UAE boasts a team of expert Web3 developers at the forefront of blockchain technology in the United Arab Emirates (UAE). With a deep understanding of decentralized applications (dApps), smart contracts, and blockchain integration, our developers are equipped to tackle a wide range of projects across various industries.

At FewerClicks UAE, we prioritize quality, security, and innovation in every project we undertake. We work closely with our clients to understand their requirements, offering personalized solutions that drive value and accelerate business growth. From concept development to deployment and maintenance, our Web3 developers are committed to delivering superior results on time and within budget.

Partner with FewerClicks UAE for your next Web3 project and experience the power of blockchain technology unleashed by our team of expert developers.

#Blockchain Development Agency #Web Development Agency #Hire expert web3 developers

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oceanpear · 8 months ago

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In recent years, the concept of non-fungible tokens (NFTs) has taken the world by storm, revolutionizing the way we perceive and trade digital art. The Middle East, known for its rich cultural heritage and emerging technological landscape, has not been immune to this phenomenon. In this article, we delve into the latest developments surrounding NFTs in the Middle East and their impact on the region's art scene and economy.

NFTs: A Brief Overview

Before delving into the Middle Eastern context, it's essential to understand what NFT News Middle East are. Non-fungible tokens are unique digital assets stored on a blockchain, providing proof of ownership and authenticity for digital creations. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are interchangeable, NFTs are indivisible and cannot be replicated, making them ideal for representing digital art, collectibles, and other unique items.

Growing Interest in NFTs Across the Middle East

The Middle East has witnessed a surge in interest and participation in the NFT market. Countries like the United Arab Emirates (UAE), Saudi Arabia, and Qatar have emerged as hotspots for NFT activity. In the UAE, Dubai, known for its innovation and forward-thinking approach, has seen a growing number of artists, collectors, and investors embracing NFTs as a means of buying, selling, and showcasing digital art.

Artists Embrace NFTs as a New Medium

NFTs have provided artists in the Middle East with a platform to showcase their creativity and reach a global audience. Digital artists from countries like Egypt, Lebanon, and Jordan have leveraged NFT marketplaces to monetize their work and gain recognition on an international scale. This newfound exposure has not only empowered artists but has also fostered cross-cultural dialogue and appreciation for Middle Eastern art and culture.

Impact on the Art Market and Economy

The rise of NFTs has disrupted traditional art markets in the Middle East, challenging established norms and creating new opportunities for artists and investors alike. With the ability to tokenize and sell their creations directly to collectors, artists can bypass traditional gatekeepers and retain greater control over their work's value and distribution. This decentralization of the art market has the potential to democratize access to art ownership and foster greater diversity within the industry.

Moreover, the economic implications of NFTs extend beyond the art world. Governments and businesses in the Middle East are exploring ways to leverage blockchain technology and NFTs to drive innovation and economic growth. From digital collectibles to virtual real estate, the possibilities for NFT applications are vast, promising to reshape various sectors of the economy in the region.

Challenges and Opportunities Ahead

While the potential of NFTs in the Middle East is undeniable, challenges remain. Regulatory uncertainty, environmental concerns related to blockchain technology, and issues surrounding copyright and intellectual property rights pose significant hurdles that need to be addressed. However, with proactive measures and collaboration between stakeholders, these challenges can be overcome, paving the way for a vibrant and sustainable NFT ecosystem in the region.

Conclusion

The emergence of NFTs represents a paradigm shift in how we create, consume, and value digital art. In the Middle East, this technology is not only transforming the art scene but also catalyzing innovation and economic development. As the region continues to embrace NFTs, it holds the promise of unlocking new avenues for creativity, cultural exchange, and prosperity in the digital age.

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cryptoflies · 1 year ago

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#nft #nftnews #nftart #nftplatform #cryptoflies #cryptoflies news

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ailtrahq · 1 year ago

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In a world where traditional artistry and contemporary digital innovations converge, Aimi Sekiguchi stands as a pioneering force, gracefully integrating Japan’s rich artistic legacy into the limitless expanse of the Metaverse. As BeInCrypto celebrates its 5th Year Anniversary, Aimi Sekiguchi holds the esteemed position of being 1 of 14 globally recognized artists invited to immerse audiences in a transcendent visual journey. Her task is nothing short of a culturally rich artwork that encapsulates the quintessence of the domain she so eloquently represents. The visionary bridge between traditional Japanese art and the digital metaverse Aimi, a celebrated 3D painter in the Metaverse since 2016, seamlessly merges the enigmatic beauty of ukiyo-e and the vibrancy of virtual reality. Every stroke of her Tilt Brush unveils a narrative where ancestral Japanese artistry dances harmoniously with avant-garde digital innovations. This synthesis has marked Aimi’s distinct space, making her a sought-after name in international forums, from the USA to Russia, and the UAE to Japan. A symphony of cultural richness Aimi’s global performances, underscored by her innovative live painting, have not only expanded people’s imaginations but have also painted her journey of becoming a lauded VR/NFT artist. She was an illustrious name in the “Forbes Japan 100” in 2021 – a testament to her unyielding contribution to the convergence of art, technology, and culture. Her museum in the Metaverse, a treasure trove of NFT artworks that often find their owners in an instantaneous fervor, illuminates the path where traditional aesthetics and modernity meet. Every piece, adorned with the intricacies of maki-e and the spatial elegance of ikebana, is a narrative of Japan’s artistic odyssey reimagined in the virtual realms. The alchemy of space and artistry Aimi’s connection to traditional Japanese art transcends the visual allure. It’s an exploration of ‘space’ – a concept profoundly rooted in Japanese artistry. The metaverse, in its enigmatic expanse, unfolds an unprecedented canvas where Aimi’s artworks aren’t confined to dimensions but are ethereal experiences enveloping the observer. At the heart of Aimi’s creative philosophy lies a profound respect for the soul embedded in each art piece. Traditional Japanese culture, with its unique perspective on the intrinsic value of space, has been a guiding light in Aimi’s journey, illuminating her path in the expansive, boundless realms of the Metaverse. Envisioning the future As we delve into Aimi’s artistic universe, the future promises an even more profound amalgamation of the traditional and digital realms. The integration of mixed reality, a frontier yet fully realized, beckons a new chapter where virtual art and physical ikebana arrangements converge, crafting an immersive experience of spatial artistry. Embark on a Journey into the Digital Alchemy with Aimi Sekiguchi and Zealy’s NFT Collection! To celebrate the endlessly fascinating world of digital art, Aimi Sekiguchi has collaborated with 14 artists to craft an NFT collection that promises to be a paragon of thematic richness and aesthetic diversity. But wait, there’s more! Venture into Zealy’s interactive questboard, complete intriguing challenges, and earn the chance to unlock a complimentary mint from this exclusive series. Witness the amalgamation of deeply-rooted philosophical themes and cutting-edge digital craftsmanship. Are you prepared to explore? Begin your odyssey at Zealy. The future of multi-faceted art awaits! The post Aimi Sekiguchi: A confluence of tradition and innovation appeared first on BeInCrypto.

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nftnewsmeuae · 1 year ago

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Navigating the NFT Landscape: 5 Essential Types of Non-Fungible Tokens:

Delve into the world of Non-Fungible Tokens (NFTs) and gain a comprehensive understanding of the five fundamental types you should be aware of. Explore the diverse categories of NFTs, from digital art to virtual real estate, and learn how these unique digital assets are shaping the future of ownership, creativity, and investment in the digital age.

#nft news in uae #nft collection in uae

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tipco613 · 2 years ago

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New Post has been published on http://cryptonewsuniverse.com/which-countries-are-set-to-drive-the-next-crypto-bull-run/

Which Countries Are Set To Drive The Next Crypto Bull Run?

Many in the cryptocurrency industry have attempted to predict when the next crypto bull run will commence. Much of it is speculation, so we can’t be sure when, but a few crypto veterans believe they know what regions will drive the next crypto market bull run. In February of this year, Gemini crypto exchange co-founder, Cameron Winklevoss, said that the next crypto bull market would come from the East.

His statement on Twitter referenced that countries in the East have been embracing crypto by introducing sensible regulations that could result in record levels of institutional investment. As per the sentiments of Coinbureau.com, this article explores five countries that could be the primary drivers behind the next bull market, when they could pass pro-crypto regulations, and which cryptocurrencies will benefit.

Image source: Twitter

United Arab Emirates

The first country to watch is the United Arab Emirates (UAE). The UAE introduced its first pro-crypto regulations in 2018 when it announced its Blockchain Strategy 2021. However, it wasn't until early 2022 that the crypto industry started to migrate to Emirate cities like Dubai. That's because early 2022 is when the UAE announced that it would introduce a federal license for so-called Virtual Asset Service Providers (VASPs), including cryptocurrency exchanges.

This federal license effectively combined all the crypto licenses the country had created by that time. In the following months, there were plenty of headlines about businesses, such as international schools accepting crypto payments and government agencies dabbling in Metaverses and NFTs. The UAE Ministry of Economy even set up a virtual headquarters in a custom metaverse.

Source: YouTube

By the end of 2022, the UAE was home to over 1.5K crypto projects and companies. Most of these projects and companies moved to Dubai, which caused FOMO from other Emirate cities, such as Abu Dhabi. It announced multibillion-dollar crypto initiatives to get in on the rush. Earlier this year, the UAE Minister for foreign trade announced that crypto would play a significant role in UAE trade.

Although the UAE's crypto adoption is bullish, banking access is one minor issue holding it back from its full potential. According to UAE crypto regulation analyst, Wealthy Expat, pro-crypto regulation has yet to make UAE banks more comfortable opening accounts for crypto clients. It may have to do with the fact that the Financial Action Task Force (FATF) put the UAE on its grey list last March.

For reference, being grey-listed means it becomes harder to transact with the global banking system, as explained in this article highlighting five institutions' efforts to thwart the crypto industry. It’s not ideal for crypto projects and companies seeking to cater to International clients, and it's a big part of why the UAE has taken proactive steps to get itself off the FATF's grey list.

Such steps include tightening regulations around privacy coins and demanding more information from crypto projects and companies. As noted by Wealthy Expat, these revamped crypto regulations should make UAE banks more comfortable servicing crypto clients. And with a bit of luck, also be enough to get the UAE off that grey list. If both outcomes occur, it will finally open the floodgates for crypto capital in the country.

However, there is one hindrance to crypto investing in the UAE, as there continues to be uncertainty about which cryptos are allowed according to Islamic law. For context, gambling is forbidden in Islam; it's safe to say that much crypto investing is no different from gambling. That's why it makes sense that the UAE is especially keen on the Metaverse and NFTs. The digital property aspect of these two crypto niches makes them more palatable from an Islamic perspective.

As such, Metaverse and NFT cryptos could see the most significant inflows from the UAE's ongoing crypto adoption. While it's unclear when the UAE will finalize its revamped crypto regulations or get off the FATF's grey list, both will likely happen by the end of the year. This ultimately depends on how much the UAE complies with requests from the US government, which controls the FATF.

Image source: Al-Monitor

Saudi Arabia

The second country to watch is Saudi Arabia. In contrast to the UAE, the Saudi government banned banks from processing crypto-related transactions in 2018. The government also declared that crypto trading was illegal, but there are reportedly no punishments for those who trade. The absence of penalties is probably why a significant percentage of Saudi citizens hold and trade crypto.

According to a survey by KuCoin in May last year, around 14% of Saudi adults had held or traded crypto over the previous six months. Another 17% were interested in crypto. Now, the apparent popularity of crypto in Saudi has given rise to so-called Halal-approved crypto products, which began making the crypto headlines late last year.

Around this time, the Saudi Central Bank announced that it had hired a crypto expert to assist in crypto policy. Also, Binance is already doing business with the country, proving that Saudi is seriously considering pro-crypto regulations. Further evidence can be found in the unexpected announcement in February that the Saudi government had partnered with the crypto project, The Sandbox, for metaverse development. This further underscores the appeal of the Metaverse and NFT niches to countries with Islamic considerations.

Although it's still too soon to say if Saudi Arabia will adopt crypto to the extent of the UAE, geopolitics is pushing the oil kingdom in that direction. As some may have heard, Saudi Arabia's relationship with the United States is getting weaker while its relationship with China is getting stronger.

Saudi Arabia is reportedly considering pricing some of its oil sales to China in Yuan. This is a big deal because Saudi Arabia is supposed to price all its oil in US dollars. Pricing even just a portion of its oil in Yuan would weaken the US dollar, upsetting the United States. Here's where things get very interesting.

The Saudi Riyal is pegged to the US dollar at a rate of 3.7 SAR to 1 USD, which has been the case since 1986. If Saudi Arabia was to do something to upset the US, such as sell its oil in foreign currencies, the US could retaliate by restricting Saudi Arabia's access to USD. The Saudi government is hyper-aware of this, and possibly why the Saudi Central Bank is considering the development of a Central Bank Digital Currency (CBDC). A digital Saudi Riyal could allow Saudi Arabia to eliminate its currency’s dependence on the US dollar.

That approach may be problematic as other countries may feel uncomfortable accepting a Saudi CBDC as payment. One solution could be to develop a new kind of Reserve currency, such as the one being considered by the BRICS countries, or they could simply adopt cryptocurrency instead.

The crypto approach may seem far-fetched until you consider that Iran, another Islamic country, allowed businesses to use crypto for trade last year. Moreover, China recently brokered a peace deal between Saudi Arabia and Iran, so Iran may use crypto for trade with Saudi Arabia which could make Saudi more comfortable doing the same.

If Saudi Arabia does start using crypto for trade, the Gulf countries would likely follow suit because the currencies of most Gulf countries are also pegged to the US dollar. Chances are, they're itching to escape US influence as much as Saudi is, and possibly why the UAE is rushing to roll out a CBDC too.

Image source: Cryptopolitan

Hong Kong

The third country is Hong Kong which is essentially part of China, highlighting the importance of Hong Kong's crypto adoption because it bodes China doing the same. For reference, China banned crypto in 2018 and eradicated what was left of the industry in 2021. Hong Kong was initially seen as a safe haven for Chinese crypto companies and projects, but this changed after the heavy-handed takeover of the authorities following mass protests in 2019 and 2020.

In late 2020, Hong Kong banned retail crypto trading and cracked down on the crypto industry. In early 2022, Hong Kong started targeting stablecoins. Officials later confirmed this was because stablecoins could undermine a Hong Kong CBDC. The Hong Kong dollar is also pegged to the US dollar, suggesting that Hong Kong could likewise be trying to escape US influence with a CBDC.

In mid-2022, Hong Kong officials noted that some NFTs require additional regulations. This suggests that the country may not be as open to Metaverse and NFT niches as the UAE and Saudi Arabia, and this may be due to China's strict control of social media and the desire to maintain it. In late 2022, Hong Kong officials noted they wanted CBDCs used in DeFi. Officials later explained that they wanted to create a CBDC-backed stablecoin.

Then, Hong Kong officials out of nowhere announced they were considering legalizing retail crypto trading and investing. By the end of 2022, Hong Kong had committed to attracting over 1,000 crypto companies and projects to its jurisdiction over the next three years—a complete 180° in attitude.

Earlier this year, Hong Kong officials specified that they wanted to restrict retail crypto investment to the largest and most liquid cryptocurrencies. This suggests that cryptos like BTC and ETH could be the biggest beneficiaries when retail crypto trading and investing become legal on June 1st, 2023.

Image source: Twitter

Not surprisingly, it was reported that the Chinese government had signed off on Hong Kong's crypto plans. Also, Chinese banks are reportedly trying to provide banking services to crypto companies and projects in Hong Kong despite crypto being illegal on the mainland. Hong Kong banks have also begun offering crypto-to-fiat conversions to their clients.

Meanwhile, in China, the courts confirm that holding crypto is entirely legal despite all the restrictions. In combination, this suggests that the crypto inflows from Hong Kong will be truly massive. However, there are just two caveats: First, Hong Kong officials appear to oppose everything except crypto investing. Non-CBDC stable coins will be off-limits, and DeFi will be restricted too. One Hong Kong official noted last year that financial privacy would not be permitted either.

Still, the inflows into large-cap cryptocurrencies could be enough to kick-start a new crypto bull market. Consider that Cameron's comments about the crypto bull market coming from the East were a reference to Hong Kong. Other crypto heavyweights, like Arthur Hays, have said the same. If all this becomes evident, it will likely result in pro-crypto competition in East Asia, much like the pro-crypto competition in the Middle East. It could result in Hong Kong removing many of its stablecoin, NFT, Metaverse, and DeFi-related restrictions to remain competitive.

Image source: CNN

Singapore

The fourth country to watch is Singapore, which seems to have a love-hate relationship with cryptocurrency. The government denied hundreds of crypto licenses, banned crypto-related advertising, and shut down crypto ATMs early last year. On the flip side, however, KPMG found that crypto investments in the country had increased by more than 13x in 2021.

Singaporean banks started expanding their services to retail investors in early 2022, and multiple large crypto companies, including Circle and Coinbase, secured crypto licenses. Moreover, Singaporean companies have been exploring crypto payments, and the Singaporean government has been exploring tokenizing assets on Smart contract cryptocurrencies.

Yet, between these bullish headlines, there's been no shortage of bearish crackdowns on the crypto industry. Most of the crackdowns came after the crypto hedge fund Three Arrows Capital (3AC) collapsed, based in Singapore. Given that 3AC’s failure was caused by the implosion of Terra’s UST stablecoin, stablecoins were among the crypto niches Singaporean regulators targeted.

Singaporean regulators also floated the idea of restricting the participation of retail investors in crypto but opted to introduce revamped crypto regulations for everyone instead. In late 2022, they discussed requiring retail investors to take an exam before investing. More recently, Singaporean regulators have been working on streamlining the screening process for crypto projects and companies seeking to secure bank accounts in the country. Note that banking access is the most prominent crypto industry issue, so this initiative could be very bullish.

There are just two problems crypto could encounter in Singapore. First, the country experienced direct financial damage when FTX went bankrupt due to the government-owned investment firm Temasek losing around $275M when the exchange went down. This experience has made Singapore skeptical of cryptocurrency exchanges in general, and this has apparently been causing issues for Binance and others.

That said, there seems to be more to Singapore's supposedly selective scrutiny of cryptocurrency exchanges and companies. Singapore has been reportedly working closely with the Federal Reserve on a CBDC. It suggests that the country is more geopolitically aligned with the United States and, unlike the other countries, is not trying to escape American influence using a CBDC.

It may explain why Singaporean authorities scrutinized Binance but not FTX, and the country continues to flip-flop between accepting and rejecting crypto. For those who don't know, Binance has been facing much scrutiny from US regulators as of late, as has the rest of the crypto industry, which means that Singapore's impact on the crypto market could go either way.

It could be very positive if the country decides to compete with its neighbors on crypto regulations, but it could be very negative if it chooses to follow in the footsteps of the US. In all probability, Singapore will walk a very fine line. In any case, it's clear that the demand for crypto from elite investors in Singapore is very high. Once the country has finalized its crypto regulations, the inflows could be comparable to those from Hong Kong. The difference is that no crypto niches will be off-limits; Singapore will invest in everything.

Image source: BeinCrypto

France

Last on the list of countries to watch is France. Some say France is a wild card, but it’s becoming the most crypto-friendly country in Europe, outside of Switzerland, and possibly the most crypto-friendly country in the West. It appears to be because of President Emmanuel Macron. Since Macron was re-elected in April last year, there has been an avalanche of pro-crypto news coming out of France.

For starters, Binance secured a digital asset registration in the country in May 2022. This move was significant because Binance has faced much scrutiny elsewhere in Europe. Last September, one of France's largest banks began offering crypto custody services to institutional investors and subsequently secured the same digital asset registration as Binance to provide even more crypto services. It came about when US banks started facing scrutiny for doing the same.

Earlier this year, Binance partnered with a French company to test crypto payments in the country. French Regulators also announced that they would revamp and introduce better crypto regulations. This is noteworthy because the EU is working on its own crypto regulations, and France is front-running. As a cherry on top, USDC stablecoin issuer Circle recently chose France to host its European headquarters. Considering that Circle understands crypto regulations everywhere and has the money to set up anywhere, choosing France confirms that the country is highly pro-crypto.

Notably, one of the only anti-crypto headlines from France was about DeFi from earlier this month. The Bank of France wants DeFi protocols to be certified and incorporated so they can be regulated. The silver lining is the bank wants different regulations for DeFi from TradFi, which is the opposite of what regulators in the United States and its other allies have been calling for. They've been saying that Decentralized Finance should be regulated the same as Traditional Finance. Therefore, France's deviation on crypto policy and other international issues could be evidence of substantial geopolitical changes.

This article about online censorship laws being introduced worldwide highlights that the EU has introduced a set of laws that target US tech companies. It relates to the possibility, if not likely, that the EU's initial pro-crypto regulations were a similar kind of retaliation.

The abridged version is that the US is trying to attract Europe's most prominent industries with significant incentives, particularly the renewable energy industry. These industries are struggling with high energy costs and inflation due to the war in Ukraine, which most know by now, is a proxy war between the US and Russia. Macron is the only European leader willing to protest the precarious position the EU has been put in because of the US's foreign policy.

Case in point, he recently doubled down on his comments that the EU should not get involved in a conflict between the US and China over Taiwan. France’s pro-crypto stance seems to be an extension of this sentiment, and the countries and the continents attempt to retain economic growth in the face of terrible economic fundamentals.

The question is, how long can France maintain this divergent stance? Well, nobody knows the answer but Macron. Something else to consider; France may not be the best place for a crypto Hub: Besides the high taxes and strict employment laws, France will constantly face pressure from other countries in the EU if it goes down this pro-crypto path, which could even result in punishments. Still, if France continues against the grain, it could inspire other countries to do the same, not just in Europe.

French is one of the world's most widely spoken languages. More importantly, it's spoken in many African and Middle Eastern countries actively trying to escape the US dollar. It would be easy for these countries to follow in France's footsteps, which could lead to other unforeseen network effects in both regions. Eventually, every country will realize that crypto adoption is inevitable. The sooner they adopt it, the higher they will be in the new pecking order—Game Theory at its finest.

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech. I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

#cryptocurrency #FinancialCrisis #markethive

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arnavq · 5 months ago

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Eddy Current Testing Market Outlook to 2030

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