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Topic: All Hail The Queen! An Outlook Into UK's Crypto Ownership and NFTs Market. - page 2. (Read 191 times)

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- Jay -
There were lots of parody and fake accounts trying to take advantage of the hype resulting from the Queen of England's death, there would almost certainly also be donation scams. physical artwork rush representing English royalty and other means scammers or hype jobbers would try to use and make a quick buck. This is not a crypto problem, it is an obvious result of such a global event.

How does the demise of Queen Elizabeth II affect the UK crypto market? Let's discuss.
As said above, there is really nothing to discuss here.

- Jay -
hero member
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How does the demise of Queen Elizabeth II affect the UK crypto market? Let's discuss.

It doesn't. Period.

So basically a bunch of shitcoins and scam NFTs were created for a quick cash grab. Some people simply want to make money out of every event. There's a special place in hell for such people. The "69 years NFT" seems like a joke. Some people have a dark sense of humor I guess.
Most of the non-Anglo-Saxon world doesn't care about the British monarchy or the state of the UK crypto markets.
I'm sure that cryptocurrencies have a future in the UK.
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The use of Crypto is legal in the UK. However, the world governments and agencies intend to proficiently regulate crypto assets not to only give investors transparency, but also to make gains and income from the crypto markets taxes and legal fees.
Current data shows crypto ownership rapidly rising yearly. Almost 6.2% of UK adults currently hold cryptocurrency. It is also currently home to 249 high-growth companies developing blockchain-driven software and blockchain services.
With its recent regulatory moves, it stands to ensure the need for crypto exchanges to register with the Financial Conduct Authority, FCA, unless they have applied for an e-money license.
The Queen is dead, but grift lives forever.
Queen Elizabeth’s death has informed the creation of over 40 meme coins on Ethereum and Binance Smart Chain, and at least an exploitative NFT collection entitled “Queen Elizabeth 69 Years NFT”. The aim of the collection is so as to offer a yearly picture of the Queen’s reign. One of the reasons to doubt the project’s intent include the fact that Queen Elizabeth II reigned for 70 years, not 69.

How does the demise of Queen Elizabeth II affect the UK crypto market? Let's discuss.


https://cryptobriefing.com/crypto-vultures-capitalize-on-queen-elizabeths-death/
https://www.google.com/search?q=queen+of+england+and+bitcoin&oq=queen+of+england+and+bitcoin
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