Dave - Bitcoin Specialist
The Private Office of Sheikh Saeed bin Ahmed Al Maktoum enterprise Seed Group has partnered strategically with CoinCorner, a British fintech business that makes buying and selling Bitcoin (BTC) easier.
According to the press release, Seed Group will work with CoinCorner to broaden the scope of its operations in the United Arab Emirates. Additionally, it will help CoinCorner sell its Bitcoin transaction solutions to decision-makers in the public and private sectors by helping them contact their target audience.
CoinCorner will be introduced by Seed Group in the UAE, and the fintech business will improve and offer a user-friendly platform where UAE citizens may trade Bitcoin and use it as coin storage. Regarding how well businesses and individuals have accepted bitcoin and other cryptocurrencies as legal tender for future transactions, Sheikh SaeeHisham Al Gurg, CEO of Seed Group and the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, stated "The UAE wants to offer a growth-oriented environment to fintech companies by establishing an ecosystem for digital currencies." The digital economy of the Emirates offers enormous possibilities for businesses dealing with cryptocurrency, as well as possibilities for regular people who are interested in investing in cryptocurrency.
Notably, for more than 16 years, Seed Group has been the marketing spark that has sped up sustainable market penetration for international businesses. As a result, it has a significant position in the Middle Eastern landscapes of technology, healthcare, hotels and telecommunications.
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