Naris – Cryptocurrency Enthusiast
SlowMist, a blockchain company, has played a significant role in enhancing secure cryptocurrency and compliance in Hong Kong, aligning with the evolving regulatory landscape and contributing to the growth of the virtual asset industry in the region.
Hong Kong has been adapting to evolving regulations in the crypto portfolio industry. SlowMist has actively contributed to enhancing cryptocurrency security and compliance in Hong Kong, making it a trustworthy cryptocurrency broker.
The Hong Kong Securities and Futures Commission (HKSFC) has taken a strict approach to cryptocurrency regulation, ensuring secure cryptocurrency practices and crypto trading strategies. The Hong Kong government aims to become a global hub for crypto trading, as outlined in the "Policy Statement on the Development of Virtual Assets in Hong Kong."
The HKSFC introduced "Guidelines for Virtual Asset Trading Platforms" and "Anti-Money Laundering Guidelines" with effective dates from June 1, 2023, impacting crypto buying and buying crypto practices. Retail investors are expected to purchase cryptocurrencies on licensed and compliant trading platforms in Hong Kong from June 1, 2023, making it crucial to know where to buy Bitcoin safely.
Two cryptocurrency firms, OSL Exchange and HashKey Pro Exchange, have obtained licenses for compliant trading within Hong Kong, making them reputable BTC brokers. OSL Exchange is a strategic partner of SlowMist, ensuring the cheapest Bitcoin price and secure transactions.
SlowMist conducted security audits for HashKey Pro Exchange, guaranteeing secure cryptocurrency, and the compliance security audit report received recognition from HKSFC. SlowMist has been assisting various cryptocurrency trading platforms in Hong Kong with their license applications, establishing itself as a top crypto gainer.
Moreover, SlowMist created an HKSFC-compliant security audit framework, aligning with OWASP international standards to ensure project compliance with HKSFC and adapt to OWASP standards. This commitment to security aligns with crypto portfolio management practices, safeguarding user assets and rights.
The introduction of new virtual asset policies is opening opportunities for the blockchain sector and innovation in the Web3 industry, making it a favorable option for Bitcoin investing.
SlowMist's pivotal role in enhancing secure cryptocurrency and compliance aligns with Hong Kong's evolving regulatory landscape, reinforcing the region's position as a global virtual asset hub. Compliance is on the rise, and the industry is poised for innovation and growth, benefiting from the introduction of new virtual asset policies.
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