Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 03rd April 🚨 ⚡ Dr Doom: Future of the Banking Industry 🚨SEC goes after Beaxy Exchange 👀 Peter Schiffs “The biggest economic disaster” 📊Stable coin volume🔻
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03rd April: Crypto & Coffee at 8 🎙️⚡ Dr Doom: Future of the Banking Industry 🚨U.S. Securities and Exchange Commission) goes after Beaxy Exchange) 👀 Peter Schiff)s 250th prediction “The biggest economic disaster” 📊Stable coin volume🔻 

‘🦹🏼‍♂️ Dr. Doom’, Nouriel Roubini) says ‘Most U.S. banks are technically near insolvency, and hundreds are already fully insolvent,’ Looks like U.S. Banks on the Brink: Hundreds Insolvent and Many More Near Collapse. An Interesting article here via MarketWatch) here https://lnkd.in/dgKbk6ZP)

❗Where does Bitcoin fit into all of this?

🎙️Check out the Blockchain DXB)s podcast where we share our thoughts & comments on it

🙍🏼‍♂️ Peter Schiff)’s 250th financial collapse prediction may be possible as he warned of “the biggest economic disaster” in US history. He has stressed that we are on the cusp of a financial crisis and “it’s going to be much bigger than the last.” In addition, he said the U.S. dollar is being debased to fund the bank bailouts. More info via Bitcoin.com) here https://lnkd.in/dcZExjqf) 

🔸 Are we heading to Hyperbitcoinization?🔸 Will the price of #BTC) reach $1 million? 

📊🔻 The 24hr volume of all stablecoins is now $26.69B, which is 85.53% of the total; crypto market. See slides 1 & 2 to get more info & 

👮 U.S. Securities and Exchange Commission) charges crypto trading platform Beaxy Exchange) and its executives for operating an unregistered exchange, broker, and clearing agency. Official press release here https://lnkd.in/dN239-Ps) 

❌ https://www.beaxy.com/) website says: Suspension of services on Beaxy Exchange Regrettably, we are announcing the immediate suspension of services on Beaxy Exchange. Due to the uncertain regulatory environment surrounding our business, we have made the difficult decision to cease operations. 

🚨 Chairman of SEC, Gary Gensler said in a congressional hearing that the securities regulator “requires new tools, expertise, & resources” to combat misconduct in the crypto space. “We’ve seen the Wild West of the crypto markets, rife with noncompliance, where investors have put hard-earned assets at risk in a highly speculative asset class,” he stressed. Full video via YouTube) here at Budget Hearing — Fiscal Year 2024 Request for the U.S. Securities and Exchange Commission https://lnkd.in/dqb8DHAJ) 

🟠 Two UAE news: (See slides)⚡ Gofaizen & Sherle) launches A New Service in Dubai⚡ Saudi Arabia: NFT marketplace NuqtahNFT) raises Seed round

For slides click here: https://tinyurl.com/ymuch6za)

LinkedIn Profile: https://tinyurl.com/569zh78j)

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