By Jamie – Cryptocurrency Specialist - 25/12/2021
Buying and Selling Bitcoin (BTC) is becoming increasingly popular globally, as more institutions and countries express their interest in the DeFi market. El Salvador acquires an extra 21 Bitcoin (BTC) to drive the country's crypto portfolio forward, as the city of Abilene intends to construct an intriguing data center for Bitcoin mining.
El Salvador has added 21 additional Bitcoin to its expanding cryptocurrency holdings. When it comes to cryptocurrency, particularly Bitcoin, El Salvador is a call-to-action country and has accomplished one of the amazing accomplishments thus far in 2021 by completing their large Bitcoin purchase.
The country's purpose and what they want to achieve in Bitcoin and with cryptocurrencies are both confirmed by the purchase of such a large sum. Furthermore, since El Salvador began recognising Bitcoin as legal payment for goods and services, the nation has been heavily investing in Bitcoin with only more of their residents participating and making Bitcoin investments.
When the news broke, Bitcoin Archive was overjoyed, and he responded with a tweet: "Intriguingly, with Bitcoin's great advances and momentum in the market, the City of Abilene has revealed that it plans to create a $2.4 billion data center in the name of Bitcoin." The data center, in particular, will be an intriguing hub that will house Bitcoin mining and associated activity in the nation.
According to CoinMarketCap, Bitcoin's price is $49,346.51 at the time of publication, with a market value of nearly $931 billion.
You can Register an account on our platform today to Buy and Sell cheap cryptocurrency. For any questions about setting up a wallet, contact us or visit our Wallet Guides to learn more!
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