By Tyler S – Cryptocurrency Broker - 07-09-2021
One of the world's fast-growing platforms to exchange crypto assets has made the news recently as they plan on expanding their team. Crypto.com has decided to make an addition to its staff by hiring a former Country Manager of Visa Korea and Mongolia. The newest staff member taking over the role of General Manager for the crypto exchange is Patrick Yoon.
Founded in 2016, Crypto.com has achieved 10 million customers on the platform, with around 2600 members of staff across the world. And in recent news, the exchange appointed Patrick Yoon as the newest General Manager for the South Korean branch. Reportedly, Yoon is said to provide a strong track record for success in finance to the Korean crypto industry. Yoon took part in many significant roles in previous positions and worked in large traditional finance organisations to big tech and fintech players.
After a dive into market research, Patrick Yoon reportedly stated that there is a growth in interest for South Korean investors to invest in cryptocurrency and digital assets. Yoon further goes on to say how he's excited to work for the exchange platform and to promote the brand's expansion in the country of Korea.
So far in Patrick's career, he has proven to bring in sustainable company growth regarding regulatory frameworks. Due to his extensive experience and expertise, we expect this to be a perfect fit for the exchange and bring further development for Crypto.com.
If you are looking to Buy and Sell cryptocurrency, but you’re not sure where is the best place to buy crypto, then you can head over to BC Bitcoin where you can safely start investing 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