By Luke F - Crypto Investor - 30-04-20
Blockchain could still be in its infancy, in line with the CEO of 1 conventional corporation. Despite the very fact that the crypto space has been around for a decade, William Stromberg, CEO of T. Rowe Price, firmly believes that the world of buying and selling cryptocurrency is still finding its feet.
Thankfully, there are many opportunities and a large variety of ways for anyone to start investing in cryptocurrency. There are an increasing number of avenues for exposure along with crypto asset management via traditional financial products available. Still, the opportunities don't seem to be as broad as engaging directly with unique cryptocurrencies.
The Chicago Mercantile Exchange, or CME, provides trading Bitcoin (BTC) futures and options such as Ethereum (ETH) futures. Grayscale, like other crypto investment gateways, provides a variety of conventional crypto investment vehicles. However, many of these are not available to retails clients.
"I would expect this to move at a good pace but take years to really unfold," Stromberg added in answer to a question about cryptocurrency from the Baltimore Business Journal.
Stromberg's crypto remarks came after the CEO addressed the general financial outlook of Yankee markets, which he sees as having a bright future. "We are very bullish on the economy and the growth of the economy as it reopens," he told the Baltimore Business Journal.
While crypto isn't theoretically absolute to any region or government, its price behaviour can arguably be stricken by certain events, evidenced by the value crash Bitcoin experienced in March 2020 because of COVID-19 concerns. However, there's some debate on the subject.
If you’re looking to Buy cryptocurrency, you can head over to BC Bitcoin where you can safely invest and Sell Bitcoin and other popular 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