David - Cryptocurrency Enthusiast
A 15-member committee has been established to draft a bill on the use of cryptocurrencies and tokenization in the Central African Republic (CAR). The committee, made up of experts from five different CAR ministries, will work on creating a legal framework that will allow for the use of digital currencies and promote economic growth in the region.
According to Faustin-Archange Touadéra, the president of CAR, the use of cryptocurrencies has the potential to remove financial barriers in the country and create a more business-friendly environment. The official press release stated, "With access to cryptocurrencies, the monetary barriers existing until now will disappear, the main objective of the measures adopted by the government being the development of the national economy."
The committee will be working to facilitate the use of digital currencies in CAR and pave the way for economic development. This move is a significant milestone for crypto initiatives in Africa, following the recent granting of a virtual currency license for the European Economic Area to Nigerian cryptocurrency exchange Roqqu.
Roqqu CEO Benjamin Onomor has stated that the current remittance system slows down the process of sending money back to Africa and that using crypto as a faster and cheaper option could solve this problem. He said, "It makes a lot of sense to solve this problem by using crypto as the vehicle. Crypto is a faster and cheaper route that can bridge the gap and help reduce fees in moving money globally. This is the core of the problem we want to solve."
If you're interested in Bitcoin trading or other digital currencies, now may be a good time to register and start exploring the crypto market investment opportunities. Using a reliable cryptocurrency broker such as BC Bitcoin, you can purchase Bitcoin and other cryptocurrencies with ease. And if you're not sure how to get started, there are plenty of options for help to buy cryptocurrency.
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