By Mark - Cryptocurrency Broker - 04-11-2021
A protocol designed to seamlessly connect its users to any desired decentralised application (dApp) has joined forces with a powerful payroll engine to provide new and higher quality services. Biconomy, a protocol used to bridge dApps across multiple chains, has announced its partnership with Brainpay, a payroll software provider. The two companies are working together to provide cutting edge solutions for their customers as well as provide upgraded services. Reportedly, they are also developing a new e-wallet that will be independent and open for their customers to use.
As stated in the announcement by Biconomy, the two companies will be offering convenient services that will allow their customers that are regularly investing in cryptocurrency to merge their assets. The collaboration will significantly benefit not only individuals but also businesses globally. As buying crypto becomes a vastly growing and trending investment, Biconomy decided to push to expand “crypto-as-a-service” (CaaS). The boost for CaaS is to help grow the Biconomy ecosystem and open new doors for further success.
As previously mentioned, the partnered companies are in the world to establish an independent e-wallet. According to Biconomy, the custodial wallet allows customers to buy, trade, hold, and sell cryptocurrency. In further detail, customers can also add credit and debit cards through suitable networks connected to the wallet. Furthermore, Biconomy plan to integrate blockchain technology and business into its ecosystem alongside the e-wallets and new payment services.
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Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards