All Hail The Queen! An Outlook Into UK's Crypto Ownership and NFTs Market

[gardentalk]

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

[CryptoboyRamesh]

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.

[Review_Master2]

I don't see this having any impact on crypto community, at least not negatively, the world is mourning the queen's demise and should not concern crypto except for the NFT space where scammers are being so despicable at a time like this, taking advantage of this huge loss to profit with their fake shitty creation. It is very sad.