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+bitcoinAlthough not directly related to the crypto market, apparently crypto degens did not waste much time after the queen died at the age of 96 years. There are now at least 40 coin memes about Queen Elizabeth, as well as hundreds of new NFTs with the same frills.
It would be very sad if among those who want to deceive potential investors with the frills of the queen.
