Maga King (42,🦍)
279 posts




The public sale phase of the $WET sale is now LIVE! Public Sale Phase Details: Sale allocation: 30m tokens (3.0%) of total supply Purchase price: 0.069 USDC per token (69m FDV) Wallet cap: 1,000 USDC per wallet Start time: 4th December, 10am EST End time: 4th December, 10pm EST Mechanism: First come first served This is the final round of the @HumidiFi DTF. The sale will be filled on a first-come, first-served basis, so stay wet and click fast! Successful contributors will be able to claim their $WET tokens on 9th December, 9am EST and liquidity pools will go live at the same time. Did u get WET? 🌊

@kaiynne @infinex sers! can we also give @echodotxyz sale priority to the locked/illiquid Patrons? We’re part of the same community and we’re the ones who actually committed long-term



UNITED ARAB EMIRATES BANS BITCOIN I have bad news for all crypto habibis in Dubai, it's real. The New Central Bank of the UAE Law was issued in the Official Gazette and became legally effective as of September 16, 2025. The law in particular makes it a crime to offer any "tools," which include self-custodial Bitcoin wallets, blockchain explorers, and coin market cap sites, to United Arab Emirates citizens without a license. "Importantly, this goes beyond simply prohibiting the carrying out of regulated activities without a license; it now expressly captures the facilitation of such activities, either directly or indirectly. This means that entities providing technological infrastructure, platforms, protocols, or digital tools that enable or support the delivery of financial services may themselves fall within the regulatory perimeter, even if they do not directly offer the underlying financial products or services." No wallet. No Bitcoin. No problem. Even if no indirectly. Only Bitcoin you are allowed to own is one permitted by Central Bank of UAE. The punished for breaking the law is jail time and fine up to 136 147 039,00 United States Dollar. "Article 170 introduces a new criminal penalty for such conduct. Persons that engage in a licensed financial activity without a license may face imprisonment and/or a fine between AED 50,000 and AED 500 million, representing a significant increase over the penalties available under the 2018 Law. This is a notable development, and we may see increased enforcement in light of this new framework." This should not come as a surprise, since the UAE has a repressive government with a rich history of limiting freedom of speech and freedom of the press. If you have ever visited the country, you know that even WhatsApp calls do not work. en.wikipedia.org/wiki/Human_rig… Earlier, such attempts to make self-custody illegal were made in Estonia, Seychelles (as pressed by FATF) and in the EU. Find my last years Devcon presentation about the topic in the next tweet. As reported by @gibsondunn by Sameera Kimatrai and Aliya Padhani. gibsondunn.com/uae-central-ba…






















