Kaspersky Has Released a Survey Revealing Cryptocurrency Adoption
By Mark Lemon – Cryptocurrency Expert
A leader in cyber security, Kaspersky Labs, has released survey results for 2018 comparing cryptocurrency adoption over the past six years. The money report depicts an increase of over 700% in merchants accepting Bitcoin as payment. This suggests more reasons to buy crypto for daily purchases.
Bitcoin and other cryptocurrencies have still not reached mainstream adoption but have still reached a large volume with approximately 13% of the world population having used it for an e-commerce purchase online. These users would need to buy Ethereum or crypto prior to using it online; suggesting they are familiar with the technology.
Although 13% of the world’s population have used cryptocurrency for an online purchase, 81% of the participants preferred using bank-issued debit or credit cards. It seems people are willing to buy cryptocurrency and get involved with the new technology, but still have concerns which traditional banking can alleviate.
The report goes on to detail that more online retailers are beginning to accept cryptocurrencies. Six year ago, only 1,789 merchants commercially accepted Bitcoin. We now see over 14,346 businesses and venues accepting Bitcoin as payment, an increase of more than 702%. If people continue buying crypto for purchasing at this rate, we could see widescale adoption not too far in the future.
It’s not just the online retailers that are increasing adoption. Some high-end restaurants and high-street shops are starting to accept cryptocurrency for payment, increasing the incentive to buy XRP or Bitcoin. We could potentially see more popular retailers accepting cryptocurrency for payment very soon as adoption continues.
You are able to buy Litecoin, Bitcoin, XRP and Ethereum along with a huge array of other cryptocurrencies on our platform, so head on over to ensure you are ready to make your purchases in crypto.
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