David - Cryptocurrency Enthusiast
It's incredible to think that in 2022, NFTs (Non Fungible Tokens) were sold for hundreds of millions of dollars, and Bitcoin price reached an all-time high of almost $60,000 USD. The year also witnessed the failure of several cryptocurrency businesses, notably the infamous FTX, and caused Bitcoin to drop to $16,000 USD, wiping off hundreds of billions from the market valuation. Simply said, it was a year the Web 3 community will never forget.
However, the Web 3 world also saw many benefits in 2022. For example, unreliable businesses like Three Arrows Capital and FTX were removed from the ecosystem, and compliance became extremely important, leading to the industry's maturation. This approach has demonstrated how crucial it is to offer useful business tools via tokens and NFT in the Web 3 environment.
That's why luring the creators of Web 3 & the Metaverse to Dubai's investors & strategic partners remains a top focus for Metavsummit. The event has demonstrated to the world the value that gamification of business through VR, AR, and NFTs can contribute to the customer experience, making it more pleasurable and memorable. The best businesses in the Web 3, Metaverse & NFT market sectors, including Undead.com, Gaia Everworld, Metaverser and Dancing Seahorse, will be gathered in Dubai to provide the world with a better understanding of how business will be conducted in the future. Additionally, the event continues to support the development of a long-term-focused industry that makes it possible for our planet to have truly decentralized technology.
And for those interested in learning more about crypto and WEB3 overall, be sure to check out BCBitcoin - the cryptocurrency broker and platform that has everything you need to get started. With a focus on education and a user-friendly website, the platform can offer you such things as various guides for crypto and NFTs, help you buy and sell cryptocurrency, and help you with your crypto asset management.
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