CJ - Cryptocurrency Enthusiast –
In order to power identity verification and create a fraud-proof network for its services, GlobalPass has partnered with DecentWorld and Liquidifty.
DecentWorld, a Swiss metaverse digital real estate platform, and Liquidifty, a cross-chain NFT Marketplace platform, have teamed up with GlobalPass in order to support trusted identity verification and build a fraud-proof network for both platforms.
"NFT enterprises must be ready for future laws and ensure that they have the infrastructure in place to enable KYC/AML," Tomas Sniukas, CEO of GlobalPass, said.
"Making sure everything is in order will be beneficial to the business in other ways." To convert crypto revenues into fiat cash, NFT markets will have to work with banks. Banks will not engage with any company that does not adhere to tight guidelines.
We are building a more favorable working frame that benefits our clients, their customers, and their business partners, all while reducing their exposure to financial crime, by taking a risk-based approach and adding KYC and AML safeguards through GlobalPass," Sniukas said.
GlobalPass provides a completely automated Swiss quality solution for Know-Your-Customer (KYC) and end-to-end identity verification and compliance services to a variety of businesses.
The all-in-one platform, which includes a faultless KYC process, real-time business verification, crypto verification, and transaction monitoring, assists financial and non-financial organizations in building a secure, reliable digital environment.
One of the best ways to familiarize yourself with NFT’s culture is to start investing in cryptocurrency. Crypto buying sites, such as BC Bitcoin – a trusted Bitcoin investment site in UK, is a great place to begin. Here dedicated team members are eager to assist you with any questions you might have.
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