The owner of New York City's Times Square skyscraper entered the metaverse by producing a virtual replica of the structure for Decentraland, a popular virtual space amongst those that are actively investing in cryptocurrency. For the 'MetaFest 2022' event, Decentraland will reveal the legendary One Times Square on the night of December 31st. It will be the metaverse's tallest (26-story) structure.
The event's description states, "There will be music, dance parties, rooftop VIP lounges, CryptoArt exhibits, interactive games, a Ball Drop you will never forget, and wearables and souvenirs to take with you into the year ahead."
Jamestown, a real estate business, has teamed up with Digital Currency Group (DCG) - a Decentraland enthusiast who is known to buy altcoins and is holding a huge amount of MANA and LAND tokens.
"The metaverse is an integral aspect of the growth of real estate and the built environment," Jamestown President Michael Phillips stated in a press statement. Whereas actual real estate is mainly confined to those in close vicinity, the metaverse may provide meaningful access to locations to people all over the world through immersive virtual experiences."
On the other hand, due to the Omicron epidemic, the real-life Time Square has a restriction of 15,000 vaccinated attendees. The appeal of virtual real estate in the metaverse is rapidly growing. As a result, several real estate firms have entered the digital land market.
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