UK and UAE Joining the Race - Will They Outpace US in Crypto Battle?

[Anonymous No.55290453]

The battle for control between the US SEC and Crypto is heating up. The UK and UAE have joined the fight, with both countries making moves to support blockchain and crypto startups.

The Dubai Multi Commodities Centre even launched a Crypto Centre recently, signaling the UAE's commitment to this rapidly growing industry. Meanwhile, the UK government is looking into new rules to regulate the industry.

With these two powerhouses entering the fray, do you think the US stands a chance to retain its dominance? Or will the UK and UAE outpace them in becoming the global crypto hub?

[Anonymous No.55290477]

Neither the uae or the uk have the liquidity the us has, btw, i didn't just shot eth, i also shot stable coins

It's over you were all warned to not soam and to be fucking quite

[Anonymous No.55290531]

>>55290453
yeah, but let's not count the UK out yet. They have a strong history of financial innovation, and if they can strike the right balance between regulation and growth, they could emerge as a major player in the crypto world.

[Anonymous No.55290667]

>>55290477
>Neither the uae or the uk have the liquidity the us has, btw, i didn't just shot eth, i also shot stable coins

Yellen just said the USD dominance is gradually reducing, you lots don't understand power dynamics are shifting continue thinking other countries can't outgrow the US and watch them do just that.

[Anonymous No.55290699]

>>55290453
The US is doing everything to castrate itself regarding crypto

[Anonymous No.55290905]

>>55290453
>The UK and UAE have joined the fight, with both countries making moves to support blockchain and crypto startups.
You missed Hong Kong that invited Coinbase to come and get their firm established there. Huobi is already leading from Singapore

[Anonymous No.55290955]

>>5529045
The UK is definitely a contender too. They're already a major financial center, so it makes sense that they would want to embrace crypto as well. But I think they need to be careful about how they regulate the industry so they don't stifle innovation.

[Anonymous No.55290998]

>>55290453
>>55290699

Nobody uses crypto for anything but gambling so the US won't be missing out on anything regarding crypto. None of this shit is actually useful and that's after 14 years of it being around.

[Anonymous No.55291040]

>>55290453
Yeah, I've been keeping an eye on this. It's interesting to see how countries are trying to position themselves as leaders in the crypto industry. I wonder if any other countries will try to get in on the action?

[Anonymous No.55291063]

>>55290998
Fucking retard dumbass. Crypto is thriving in every sector even in agricultural sector. Toronet in partnership with USAiD are advancing agricultural sector.

[Anonymous No.55291129]

>>55290699
Those fuckers aren't gonna be successful. Crypto will win and SEC will be gone.
Since regulation is already knocking on the door, I think one needs to achieve compliance.

[Anonymous No.55291180]

>>55290667
That might very well be; but lets just say spamming US representatives is working; your scams are all fucked

[Anonymous No.55291396]

>>55291063
>muh "partnerships"
you know what those "partnerships" are? They're useless crypto ponzis going out and making marketing deals with companies that actually produce something in society, they pay these companies so that they can attach their shitty crypto project name to them in some way. All to try to convince more bagholding gambling retards like you that someone will actually use any of this bullshit for anything meaningful in society (which nobody will).

[Anonymous No.55291459]

>>55290955
>But I think they need to be careful about how they regulate the industry so they don't stifle innovation.
The government has already pressured UK banks to stop or heavily limit payments to crypto exchanges, most of which have complied lol.
The government is extremely hostile to any innovation or entrepreneurship, they're only interested in further entrenching existing pseudo-monopolies in ancient industries.

[Anonymous No.55291627]

>>55290998
A half gay blarbing. The world of crypto is as good as the traditional world and even better due to speed.

[Anonymous No.55292532]

>>55291627
He is a clown without clues. He would not understand a word you said.

[Anonymous No.55292548]

>>55291129
No. Dev faggots that run unregistered perpetual pre-ipos are going to get fucked. Say good bye to retaining 80% of the tokens to dump on idiots to finance your lambo

[Anonymous No.55292569]

>>55291627
>The world of crypto is as good as the traditional world and even better due to speed.
hahahahaha, it can't scale you dumbass, not without building centralized frameworks on top, you know what that means? it means nobody will be using it on a large scale for anything even if they wanted to

[Anonymous No.55292811]

>>55291459
it's because wall street and the city want to profit from the next bull, tradfi banks and brokers onboarding the next wave of people or institutions. imagine being on the sideline watching ftx or binance make all that money

[Anonymous No.55292873]

Nigger, the UK hates crypto and investing in general for the pleb masses.
City of London is different, that is pretty much it's own state.

[Anonymous No.55293023]

>>55290667
>Yellen just said the USD dominance is gradually reducing, you lots don't understand power dynamics are shifting continue thinking other countries can't outgrow the US and watch them do just that.

And you dont understand that you are just a poor with an inferiority complex. Check the DXY and then check what a fallacy is....and THEN check who suddenly has a need to procure lots of military equipment.

[Anonymous No.55293399]

>>55291129
I know of NexeraID that is super helpful in achieving compliance for web3 builders.

[Anonymous No.55293452]

>>55291396
I searched Toronet and USAiD. Truly they are advancing AgriFi in Africa. You can check to see pajeet.

[Anonymous No.55293730]

>>55291627
STFU dumbass. What if the traditional institution and the decentralized finance come together to work as one? I guess this is what Allianceblock is Building.

[Anonymous No.55293881]

>>55291627
Crypto is the way forward. One even earn passive income while sleeping. Getting mine from the DeFi terminal.

[Anonymous No.55293935]

>>55290998
>None of this shit is actually useful and that's after 14 years of it being around.

of course not, all it does is waste electricity. we already have digital money, most of us use it every day in the form of dollars, pounds or euros.

[Anonymous No.55293958]

>>55290531
they wont. the minute anything threatens their miserable little glownigger globohomocracy (like a currency they can't control) they'll ban it.

>der raciss ebil nadzis are using the crypto to do the antisemitism

[Anonymous No.55294106]

>>55293935
Digital money that takes 3 days to settle. That's like saying my TV from the 90s was digital because it had a digital display for the channels.

[Anonymous No.55294152]

>>55293935
I can't help but agree because it's true.

>>55294106
at least it can scale, lets see how long your transactions take to settle with crypto if people actually really tried to adopt it, fucking years probably, not to mention expensive as fuck.

>>55293730
get lost baggie retard, your centralized shitcoins are worthless.

[Anonymous No.55294254]

>>55294152
There will be more than 1 financial system with lots of different cryptos sharing the load.

[Anonymous No.55294271]

>>55293730
NXRA quite be quite big in the future, unless of course you think crypto will stay as a shitcoin casino forever.

[Anonymous No.55294276]

>>55294254
>with lots of different cryptos sharing the load.
kek sure, and none of them scalable

[Anonymous No.55294290]

>>55294276
Alright buddy.

[Anonymous No.55294331]

>>55290477
>What are eurodollars

If the us goes against stablecoins it's only a matter of a year if not months until it's adversaries tokenize their bonds and start to print eurodollars backed on their national bonds.

[Anonymous No.55294345]

>>55290667
They need white people to do that.
China is going to fail because there's no white standard.
The white standard is what drives trade, people of all races and background solve consistency and no lies and innovation and politeness. Those things don't exist outside of places that maintain the white standard. Nonwhites can maintain the white standard but it is increasingly rare.

[Anonymous No.55294388]

>>55290453
interesting observation and excellent questions anon

[Anonymous No.55294816]

>>55291180
>your scams are all fucked
The year is 2023 and you are still thinking Crypto is a scam, you are either a retard or you have just decided to be oblivious to the truth.

[Anonymous No.55294859]

>>55290453
It doesnt matter. Crypto is useless and the only real use case is speculation. With that being said speculation is profitable. USA can live without crypto. Nothing of value exists there

[Anonymous No.55295047]

>>55294345
>The white standard is what drives trade, people of all races and background solve consistency and no lies and innovation and politeness.

You probably live in the 19th century cause any sane person knows innovation is moving to Asia but racist bastards like you are having a hard time coming to terms with that.

[Anonymous No.55295603]

>>55294859
>Crypto is useless and the only real use case is speculation.

You should leave the basement though cause apparently the lack of sunlight makes you sound retarded cause that's the only excuse for saying that.

[Anonymous No.55295975]

>>55292873
But UK PM announced yesterday that they are ready to welcome every crypto firms that would want to invest in the country.

[Anonymous No.55296037]

>>55294271
>NXRA quite be quite big in the future,
What's nxra compared to LINK or Arbitrum. When you want to sound intelligent, mention known projects in space. Jews need such.

[Anonymous No.55296067]

>>55294388
What if I tell you that a minor generated the text. You are fooled once again.

[Anonymous No.55296228]

>>55296037
Thanks for squeezing link into another thread, not many of them around.

[Anonymous No.55297378]

>>55296037
The dude mentioned that in the future it will be in that category so he did no harm. They are building massively.

[Anonymous No.55297520]

>>55290453
The US doesn't even have a clear form of regulation like the other countries do, so I think the others will easily take over because I think that projects will work to be regulatory compliant instead of being shut down like the US is doing

[Anonymous No.55297679]

>>55296037
LINK and ARB are with big mcap already, so it's best to consider low mcap with good potential

[Anonymous No.55297820]

>>55294816
>The year is 2023 and you are still thinking Crypto is a scam
When did the FTx heist occured? No season is free of scams for now, unless everyone embracing this market is KYCed , but until then, no tool can assure than rn.

[Anonymous No.55297862]

>>55293399
The last time I checked, only a few Devs are using this for now, probably in the future it might get mass adoption

[Anonymous No.55297863]

>>55296228
The oracles are the engine sustaining the blockchain you are thriving on. Although the DeFi gateway is still lacking.

[Anonymous No.55297904]

>>55291063
If the projects working on this can pull it off, then I bet that the benefiting country might adopt the technology, but until then I'll see it as one of the promises from Devs which is 50/50

[Anonymous No.55298340]

>>55297820
We can only retain autonomy if we use ZKP solutions. I don't want my fucking data hanging in the air as if I was using a bank. MEXC made a good choice reaching out to NexeraID.

[Anonymous No.55298463]

>>55294388
But what are the answers

[Anonymous No.55298593]

>>55298340
Is this even compliant with the MiCA regulations, because getting encrypted KYC data is more like DeFi

[Anonymous No.55298695]

>>55297520
Projects that are working on compliant tools definitely need more of our attention now, because soon they will be the most sought-after.

[Anonymous No.55298747]

>>55298593
This shit is ready for mainstream adoption. BrillionFi is fucking wise to have adopted in time. Polygon has a strong solution also.

[Anonymous No.55298848]

>>55293730
With RWA, good data management, and the regulations, more institutions should show interest in DeFi

[Anonymous No.55299025]

>>55297820
Even if everyone is KYCed, that doesn't mean there won't be scams and wallet hacks, but with techs like MetaNFT, the wallet hacks can be reduced to the bare minimum

[Anonymous No.55299147]

>>55298848
I haven't seen many projects with RWA narrative that is catchy.
Maybe when regulations are in place it will be a blast. BOBOs might agree with me on this.

[Anonymous No.55299203]

>>55299025
NFTs have always been known to be a stronghold. Saving credentials on it seems solid.

[Anonymous No.55299450]

>>55290453
>
Honestly, I'm just happy to see more countries embracing crypto. It's about time that governments start recognizing the potential of blockchain and digital currencies.

[Anonymous No.55299651]

>>55290453
ASIA is ready the US can go fuck themselves. I don't give a damn if they crumble or not.

[Anonymous No.55301111]

>>55298340
MEXC is a big dog. The US should just bring a clear regulation. Compliance won't be a problem IMO.

[Anonymous No.55301166]

>>55294331
I do not even see why everything needs to be in USD. Those motherfuckers are overhyped. Make stablecoin and peg it to GBP.

[Anonymous No.55301195]

>>55301166
>Peg your stables to fiat Shitcoins instead of gold.

[Anonymous No.55301988]

>>55299450
Russia and Pakistan might also join the game soon. I saw some news on it.

[Anonymous No.55302016]

A lot of you seem to be missing the point of all this. 'Crypto' is a pseudonym here for 'defi-based banking'. The banking industry is embracing DLT tech. It's happening right in front of us and half of you are bleating about shitcoin casino. You think London City would be interested in that?
Crypto is a trojan horse here for CBDCs and web3 based financial products. Look at what's going on with Chainlink and Swift for a clue, and wake the fuck up. There's a LOT of money about to be mobilised and we have a chance to profit from it.
Crypto, kek.

[Anonymous No.55302051]

>>55302016
No damn thing is happening. They will be interested in making money that is for sure.

[Anonymous No.55302178]

>>55302051
Your eye isn't on the ball. There is a lot happening, and everything is about to be tokenised. While everyone freaks out about crypto crashing bullshit, a new system is being built

[Anonymous No.55302194]

>>55290699
And their people... Literally brainwashing them into castrating themselves to virtue signal

[Anonymous No.55302207]

>>55297863
>the DeFi gateway is still lacking
not for long

[Anonymous No.55302487]

>>55302207
What does that supposed to mean

[Anonymous No.55302523]

>>55302487
/licensed onboarding/

[Anonymous No.55302581]

>>55302016
This

[Anonymous No.55302655]

>>55302178
Worry about compliance because that is when the downfall will come. BrillionFi took a good step in adopting Nexera.

[Anonymous No.55302715]

>>55302655
>downfall
All the banks want this. It's not some random politician pushing for it. Regulation, compliance, investment.. it's all demanded. Where there is that sort of will, followed by announcements we're hearing all over the place, you can be sure it's in the pipeline.
As Eric Schmidt said; If there's a rocket ship about to leave you don't ask about what seat. You just get on.

[Anonymous No.55302913]

>>55302715
I hope the ship is going somewhere.

[Anonymous No.55302939]

>>55290453
e UK is definitely a contender too. They're already a major financial center, so it makes sense that they would want to embrace crypto as well. But I think they need to be careful about how they regulate the industry so they don't stifle innovation.

[Anonymous No.55303090]

>>55302939
I'm sure they will be focusing on financial sector first, as the world moves away from the USD crypto will be what they move too.

[Anonymous No.55303120]

>>55301195
>Implying the USD isn't a shitcoin that they devalue regularly at the touch of a button.
Retard.

[Anonymous No.55303280]

>>55290453
RWA initiatives like as MNI, RIO, MPL, hold the key to the future of cryptos, Anon. Earning real-world revenue from real-world assets makes sense to me.

[Anonymous No.55303323]

>>55299450
I'm keeping a close eye on everything. Let's watch what happens when mnicorp bridges the gap between traditional assets and the digital world; even anons will have an equity interest in RWA.

[Anonymous No.55303381]

>>55303323
How are they doing it? I know AllianceBlock has a different model for this including compliance solutions. How does Minicorp intend to do it?

[Anonymous No.55303439]

>>55303381
I know about that, anon. I heard they acquired stakes in an Indonesian coal mine to supports APR with their NFE staking and boost liquidity.

[Anonymous No.55303443]

>>55303120
>Implying your implication
You have to be 18 to use this website.

[Anonymous No.55304576]

>>55303443
You have to go back

[Anonymous No.55304719]

>>55293935
The most powerful lever the Statists have is fiat, from which their influence over Economy rests, but this influence is perverse and inefficient, while Economy is naturally positive sum, fiat allows the manipulation of Economy to favor zero and even negative sum economic transactions! Blasphemy! Economy will not abide -- "The market eh finds a way" -- and a way it found.

[Anonymous No.55304890]

>>55293958
Like they banned the internet, or cryptography, or radio, or the printing press? Law are tide tables, Economy the tide, falsifying tide tables doesn't grant control over the ocean. "I wrote 'high tide at 5:12pm' I control the ocean!" the politician exclaims. No! You are a grifter, a petty thief. The State will not intervene as doing so makes obvious the grift.

[Anonymous No.55304998]

The real issue is india sicne the UK is led by an indian that will follow his race's nation.
>>55301166
GBP has gone to dogshit levels, at one point it almost collapsed to below the dollar in term of value.

[Anonymous No.55305564]

>>55294271
I've seen the potential myself and it is a work in progress. Easy 2x from the current price. It has been ranging at the same region.

[Anonymous No.55306638]

>>55304719
its going to take time. 1.5625 btc per solved block is when it happens

[Anonymous No.55307476]

bump-

[Anonymous No.55307942]

>>55307476
Lol. You all should be ready for the next pump. I BTC is massive.

[Anonymous No.55307983]

>>55307942

[Anonymous No.55308705]

>>55290477
Hahaha, trust me you do not know what you are saying. The UAE is a big market is harnessed.

[Anonymous No.55309818]

>>55304890

You are right, they will not ban directly but they will do everything they can to control it as they do with everything.

[Anonymous No.55309916]

>>55309818
They might make us all pay for believing in crypto.

[Anonymous No.55309938]

>>55302207
It won't happen forever. It is just a matter of time.

[Anonymous No.55310460]

>>55294816
He is obviously a retard with internet access kek!

[Anonymous No.55310640]

>>55310460
Madoffs and Katies scam also run for years while being considered legit. The private sector has runs scams for millenias and it always ended the same way, either they got enough power to legalize their scams or the sovereigns ended them, pocketing the gains for the public. There is a 1 Trillion hole in the bond market. Good luck

[Anonymous No.55312256]

>>55290453
I wonder how hard zhao lobbied in the uae to make it happen

[Anonymous No.55312278]

>>55295047
>Russia falling on its sword
>China dying demographically/target of upcoming WW3
>Japan, Korea, Flips, all other Asian nations functionally puppets of America and the US Banking System

The only real question is how people keep convincing themselves that American hegemony is going anywhere. This is an American world, the rest of you just live here.

[Anonymous No.55313121]

>>55303323
RWA is one of the narratives that will lead the next bull market and I think projects like LEOX, NXRA, RIO and others should be given more attention

[Anonymous No.55313306]

>>55290453
if Rishi loses the next election, it's over for crypto in the UK. Labuor hates crypto

[Anonymous No.55313390]

>>55298340
A good security feature like that is good for all projects and if more of them can adopt it, then it would be great for the crypto space