By Taylor - Crypto Retailer - 04-11-2021
In a new update, EOS (EOS) has announced that they will no longer be using the Block-one service. Reportedly, the blockchain protocol is planning major network upgrades to be carried out in the near future. EOS is regularly improving its network and ecosystem in order to stay ahead of the competition. In the industry of investing in cryptocurrency, many crypto businesses have to keep updating and creating new technologies on an ongoing basis.
EOS is an open-source, high-performing protocol backed by decentralised blockchain technology. According to EOS, they’re hoping to take the network to the next level in the blockchain industry. Reportedly, the CEO of the protocol company, Yves La Rose, had come forward to express that the company’s intentions are not to gain popularity or to please anyone. In fact, La Rose only intends on doing his “job,” which is to move forward, bring in new and innovative ideas and build them into reality.
To further the company’s progression in the world of buying and selling cryptocurrency, La Rose has publicly announced its intention to separate from technology guiding partner, Block.one. The CEO’s decision to break away from Block.one is due to the company being “fraudulent.” Furthermore, EOS has expressed that they no longer wish to partner with Block.one and fear in doing so would make them a conduit for Block.one’s scamming techniques. The announcement was a strong move for EOS and its community to position itself in a way so it can freely break off the collaboration.
If you are looking to Buy and Sell EOS (EOS), then you can head over to BC Bitcoin where you can safely trade crypto today.
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