By Jamie G - Cryptocurrency Specialist - 09-09-2021
The first-ever electronic exchange Nasdaq is reportedly handling price feeds to a business that is establishing digitalised assets. The global stock exchange will be providing intel to services within the DeFiChain (DFI) network. DeFiChain is a blockchain platform for decentralised financing (DeFi); the platform is designed to work with the Bitcoin (BTC) blockchain. DeFiChain aims to provide quick and smooth services while keeping gas fees on transactions low.
According to DeFiChain (DFI), the platform will soon launch digitalised company stock assets. Some stock tokens will include significant businesses such as Amazon, Apple, GameStop, and Tesla. Creating stock tokens is a great way to combine the stock market with the world of investing in cryptocurrency. Reportedly, the stocks are to be pledged by cryptocurrencies for security purposes. By collateralising the tokens with crypto assets, users will no longer need to go through a stockbroker.
Reportedly, the tokens of company stocks can also be bought in smaller fractions; this is said to be used as a decentralised loan. DeFiChain will be able to power the stock mechanisms through the loan plan. In a statement as per DeFiChain, DFI will be used alongside Bitcoin investments as part of the system to power the mechanics used for stock trading.
DeFiChain has a native token of its own where users can buy DFI crypto to be used for governance for the platform. According to the DeFiChain website, its cryptocurrency is also used for executing coding. Investors can sell, trade, and buy DeFiChain DFI on popular crypto exchanges.
If you are looking to Buy and Sell DeFiChain DFI, then you can head over to BC Bitcoin where you can safely trade 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