Keyur Rohit Profile picture
Jun 20 โ€ข 11 tweets โ€ข 4 min read Twitter logo Read on Twitter
๐Ÿšจ BREAKING: ๐Ÿ‡ฌ๐Ÿ‡ง UK Parliament Approves #Crypto Regulation Bill ๐Ÿ”ฅ

Stablecoins and all cryptocurrencies set to be regulated ๐Ÿ’ฅ

Massive implications for the crypto industry ๐Ÿš€

A thread ๐Ÿงต Image
1๏ธโƒฃ The Financial Services and Markets Bill (FSMB) is racing through the UK Parliamentary process, and stablecoins and #crypto are about to face a whole new era of regulation. Image
2๏ธโƒฃ The FSMB has just been approved by the House of Lords, following its prior endorsement by the House of Commons.

๐Ÿ‘‰ Now, it's heading into the final stages before becoming law: Consideration of Amendments and Royal Assent. Image
3๏ธโƒฃ Consideration of Amendments means that both Houses will give the bill one last thorough reading.

๐Ÿ‘‰ The House of Commons will propose amendments, and the House of Lords will decide whether to accept or reject these changes. Image
4๏ธโƒฃ Once the bill clears all the hurdles, it will undergo the prestigious Royal Assent.

๐Ÿ‘‰ Picture this: the King himself giving a nod of approval, making the bill official and binding.

๐Ÿ‘‰ It's a historic moment in the making!
5๏ธโƒฃ The clock is ticking, and it won't be long before the 340-page document transforms into law.
6๏ธโƒฃ The original bill targeted only stablecoins.

๐Ÿ‘‰ Amendments have broadened its scope to include ALL #crypto as regulated activities.

๐Ÿ‘‰ Plus, they even threw in crypto promotion supervisions for good measure.
7๏ธโƒฃ Andrew Griffith, the Economic Secretary to the Treasury, spilled the beans in an interview with CNBC.

๐Ÿ‘‰ He predicts #crypto-specific regulations within the next 12 months, with the UK aiming to become a global cryptoasset technology hub. Image
8๏ธโƒฃ The EU recently implemented its own Markets in #Crypto Assets (MiCA) regulations.
9๏ธโƒฃ The UK is about to embark on an epic #crypto adventure with groundbreaking regulations.

๐Ÿ‘‰ The world will be watching as the crypto landscape transforms.
Liked the thread! Donโ€™t forget to retweet the first tweet and follow for more ๐Ÿ”ฅ๐Ÿ‘‡

โ€ข โ€ข โ€ข

Missing some Tweet in this thread? You can try to force a refresh
ใ€€

Keep Current with Keyur Rohit

Keyur Rohit Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @CryptoKingKeyur

Jun 21
๐Ÿšจ BREAKING: #Bitcoin PUMPS to $29,000 ๐Ÿš€

Is This Just the Beginning of the BULL RUN? ๐Ÿ”ฅ

We've got some thrilling news for all you #crypto enthusiasts out there!

A thread ๐Ÿงต Image
1๏ธโƒฃ Breakout Alert!

๐Ÿ‘‰ #Bitcoin has made a breathtaking move, smashing through the crucial resistance level at $27.5k with an impressive surge in trading volume!

๐Ÿ‘‰ Bulls are rejoicing as this clean breakout signifies a potential upward trend for Bitcoin. Image
2๏ธโƒฃ Institutions Are Hopping on the Bandwagon!

๐Ÿ‘‰ The big players in the financial world are starting to take notice!

๐Ÿ‘‰ #BlackRock, one of the largest asset management firms, has recently submitted an application for a #BitcoinETF.
Read 10 tweets
Jun 21
๐Ÿšจ BREAKING: Deutsche Bank, the $1.4 TRILLION banking giant, just made a SHOCKING move into the #CRYPTO world ๐Ÿ”ฅ

A thread ๐Ÿงต Image
1๏ธโƒฃ The world of finance is about to witness a groundbreaking move as Deutsche Bank, Germany's largest lender, seeks a #crypto custody license! Image
2๏ธโƒฃ #Crypto custody services are the future, and Deutsche Bank knows it!

๐Ÿ‘‰ They're ready to store and manage digital assets like never before, opening the floodgates for institutional and individual investors to dive into the lucrative world of cryptocurrencies.
Read 10 tweets
Jun 20
๐Ÿšจ BREAKING: EXPLOSIVE UPDATE ๐Ÿ”ฅ

๐Ÿ‡ฎ๐Ÿ‡ฉ INDONESIA SHOCKS #CRYPTO MARKET ๐Ÿ˜ฑ

#Ripple's #XRP granted OFFICIAL tradable status in the country's booming crypto market ๐Ÿš€

A thread ๐Ÿงต Image
1๏ธโƒฃ INDONESIA STEPS UP:

๐Ÿ‘‰#Ripple's XRP among 501 digital assets now LEGALLY tradable!

๐Ÿ‘‰ The government just gave the green light to #XRP and other listed tokens! Image
2๏ธโƒฃ BIG MOVE:

๐Ÿ‘‰ Indonesia amends trade regulations, paving the way for #CRYPTO ADOPTION!

๐Ÿ‘‰ Get ready to witness a revolution in the crypto industry as the government embraces the future of finance!
Read 10 tweets
Jun 20
๐Ÿšจ BREAKING: Explosive SEC-Ripple Case Documents Unleashed ๐Ÿ˜ฑ

๐Ÿ‡บ๐Ÿ‡ธ The SEC's release of the Hinman papers in the #Ripple case has sparked a major boost for #Ethereum ๐Ÿ”ฅ

A thread ๐Ÿงต Image
1๏ธโƒฃ The Hinman documents reveal a game-changing insight into the SEC's stance on #Ethereum.

๐Ÿ‘‰ It turns out that senior SEC officials did not classify Ether as a security back in 2018, opening the door for an exciting regulatory gap. Image
2๏ธโƒฃ According to JPMorgan, these explosive revelations could explain why the SEC hasn't taken action against Ether while targeting other #crypto this year.
Read 10 tweets
Jun 20
๐Ÿšจ BREAKING: #Bitcoin ๐Ÿš€

๐Ÿ‡จ๐Ÿ‡ณ China's Secret Plan to PUMP #Crypto Market with Trillions of Dollars Revealed ๐Ÿ”ฅ

A thread ๐Ÿงต Image
1๏ธโƒฃ Rumors of a secret U.S. alliance to destroy #crypto have ignited a rollercoaster ride for #Bitcoin, Ethereum, #BNB, XRP, Cardano, Dogecoin, Tron, Polygon, and Solana. Image
2๏ธโƒฃ According to former Forbes billionaire Chamath Palihapitiya, China is ready to "rip in trillions of dollars" through massive quantitative easing ๐Ÿค‘

๐Ÿ‘‰ This could be a game-changer, as China's economic stimulus package aims to inflate everything, including the #crypto market! Image
Read 7 tweets
Jun 19
๐Ÿšจ BREAKING: #BlackRock's Bitcoin ETF application with the SEC has a jaw-dropping success rate of 575 to 1 ๐Ÿ˜ฑ

Will they be the ones to crack the code and bring #Bitcoin to the mainstream? ๐Ÿ”ฅ

A thread ๐Ÿงต Image
1๏ธโƒฃ Is #BlackRock about to make history with their #Bitcoin Spot ETF application?

๐Ÿ‘‰ Their track record with the SEC is unparalleled, with 575 approvals and only ONE rejection.
2๏ธโƒฃ As the world's largest asset manager, #BlackRock has been cautiously stepping into the #crypto realm.

๐Ÿ‘‰ They started with minor investments in #Bitcoin futures and even launched a Blockchain ETF in Europe.

๐Ÿ‘‰ Now, they're going all in with the Bitcoin Spot ETF in the US! Image
Read 11 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(