By Mark L - Crypto Broker - 10-11-2021
At first, social media platform Twitter announced that its new Tip Jar feature would have crypto integrated into the payment gateway. The new function will allow fans to support their favourite influencers by sending Bitcoin (BTC) investments through the site. Now, the platform intends to dive in deep and incorporate more crypto as well as the technology used commonly within the industry.
In a new announcement, Twitter plans to bring in blockchain technology. To do this, Twitter is currently building up a team dedicated to crypto. The platform has a goal in mind and is aiming to bring in "all things blockchain" to the social media site. Twitter has further stated that they plan to adopt the cryptocurrency trading industry. More specifically, it's reported that Twitter mentioned that they wish to incorporate crypto "at (and on)" the entire social network.
Reportedly, the first plan of action the platform will be taking is to dive into the Decentralised Apps (dApps) sector. Twitter stated that they could see the growing fascination with creators utilising decentralised applications for their assets. The company specified that they wanted to support the industry and the community that goes with it. According to Twitter, the business plans to gain inspiration from the supporters investing in cryptocurrency. By paying more attention to the communities behind the crypto and technology, Twitter can further develop its platform around knowing what the users want.
Joining the Twitter Crypto team is new hire Tess Rinearson who is the lead engineer. Rinearson mentions that Twitter Crypto plans to work closely alongside Bluesky to help build a social network standard with decentralised technology.
If you are looking to Buy and Sell Bitcoin, then you can head over to BC Bitcoin where you can safely trade crypto 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