Gus – Cryptocurrency Expert
Valour, a subsidiary of DeFi Technologies, will premiere its new Carbon Neutral Bitcoin Exchange-Traded Product (ETP) on the Frankfurt Stock Exchange.
The company promotes its ETP as a "sustainable and environmentally friendly" exposure to Bitcoin with a management charge of 1.49%. (BTC). According to studies, supporting initiatives that are approved to reduce and offset carbon emissions is how the alignment with environmental, social, and corporate governance (ESG) goals is achieved in order to reduce the carbon footprint associated with Bitcoin.
The ETP was created in partnership by Valour and Patch, a platform that provides infrastructure for climate action and has previously worked with Andreessen Horowitz and other illustrious institutional investors. According to the announcement, all carbon emissions connected to the investment will be automatically targeted to achieve carbon neutral output using Patch's API-based solution, which considers a number of inputs, including the efficiency of mining equipment, the distribution of hash power, and nation level carbon emission data.
Patch will be in charge of choosing the projects based on their respect for the environment. "Additionality, genuine and verifiable permanency, and negativity" are some of these characteristics.
Avalanche (AVAX), Cosmos (ATOM), Cardano (ADA), Polkadot (DOT), Solana (SOL), Valour Binance (BNB), Valour Uniswap (UNI), and Enjin (ENJ) are just a few of the ETPs that Valour now offers.
Despite the collapse of the crypto market investment this year, demand for financial products tied to cryptocurrencies is still strong. The main cryptocurrencies, Bitcoin and Ether (ETH) are exposed in two new exchange-traded products (ETPs) that were introduced in July by the Swiss cryptocurrency investment business 21Shares. These products also attempt to reduce volatility by rebalancing assets to the US dollar.
If you would like to get ahead into cryptocurrency trading, and purchase Bitcoin or buy Ethereum, you can use one of the trusted cryptocurrency brokers – BC Bitcoin. It offers cheap 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