Naris - Cryptocurrency Enthusiast
Wyre is a blockchain-based payments company, whereas Bolt provides online services. Before the end of the year, they both want to complete the acquisition and completely integrate. Once finalised, the purchase will provide the bitcoin ecosystem the capabilities of Bolt's CheckoutOS (one-click checkout), authentication, payments and fraud prevention.
Bolt and Wyre hope to develop commerce solutions for mainstream users as a result of their relationship. Millions of buyers, businesses and developers will be able to use cryptocurrencies safely.
The transaction was claimed to have cost Bolt $1.5 billion by the Wall Street Journal, although Bolt has not commented on the price.
The partnership's main purpose is to enable decentralised commerce by allowing Bolt's customers to pay for things using digital currencies while also giving merchants with the ability to accept crypto. Users will be able to purchase NFTs via Bolt's platform and Wyre's APIs.
The purchase of Wyre, according to Bolt founder and executive chairman Ryan Breslow, is in keeping with the company's long-term goals, saying, "When I produced the original business plan for Bolt, I had always seen bitcoin at its core [...] In 2015, the concept was a slide in a pitch deck. It's astounding to believe that seven years later, we'd be collaborating with Wyre to make that idea a reality. This purchase will help us accelerate our efforts to democratise commerce by serving as a significant proof point for the intersection of bitcoin and commerce.”
One of the leading crypto buying platforms online is BCBitcoin – a trusted Bitcoin, and all other cryptocurrency broker offering a variety of services that includes live customer support, crypto asset management and the ability to safely buy 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