By Harry B - Crypto Speculator - 30-08-2021
Gradually, the acceptance of investing in Bitcoin (BTC) has spread globally, with many countries beginning to adopt the crypto giant. In more recent news for BTC adoption, a mayor from Missouri has shown a keen interest in Bitcoin buying.
Mayor Jayson Stewart has made a statement that he wants to gift each resident in Missouri $1000 in BTC. With this, the mayor has requested that all who accept must "hodl" for at least five years. Hodl, short for "Hold On for Dear Life" (and also a play on words for the word "hold") is often used in the cryptocurrency trading community to express whether a trader should hold an investment.
The mayor reportedly stated to KSDK that he plans to create a funding round in order to provide each citizen with around $1000 worth of Bitcoin. If the fundraiser is successful, a Missouri municipality could be the first to hand out cryptocurrency in the entirety of the United States. Furthermore, the Missouri Mayor has stated that he plans to provide free seminars to his citizens. The free seminars are said to educate people on how to invest and hold crypto safely and securely.
Jayson Stewart further went on to talk about how digital currencies could be considered as "digital gold." The reason for the mayor’s bold statement claiming that crypto is digital gold is due to how many people he knows personally had their lives transformed from crypto investments. Within an interview, Jayson explained that many of his acquaintances went from working regular 9-5 jobs to having a net worth of around $80 million within a short time.
If you are looking to Buy and Sell Bitcoin, then you can head over to BC Bitcoin where you can safely start trading today.
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