By Jamie G - Cryptocurrency Specialist - 10-11-2021
In recent news, a system that allows users to exchange crypto and other assets is collaborating with Geometric Energy Corporation (GEC). Unizen ZCX, a smart exchange system, is partnering with GEC, a significant tech and research pioneer, through ZenX Labs incubation.
The GEC is a manufacturing and logistics leader that utilises engineering, space, energy, and decentralisation; the company is initially known for inventing renewable technologies. The company currently has four separate subsidiaries as listed: Geometric Labs, Geometric Gaming, Geometric Space, and Geometric Medical. The company's latest initiative is helping to build and release DOGE-1, which will be the first cryptocurrency to reach the Moon. DOGE-1 is a crypto-based mission to the Moon, funded by Dogecoin (DOGE).
ZenX Labs Incubation is said to support GEC with the project by building a Decentralised Finance (DeFi) infrastructure. Alongside the launch of DOGE-1, the GEC is reportedly said to be releasing the satellite, Cubesat, into lunar orbit. According to GEC, the satellite will collect spatial data; this will be done with the installed cameras and sensors. The CEO of GEC, Samuel Reid, has since spoken about the collaboration to say how the corporation is "proud" to work with Unizen ZCX as the exchange is "pushing the boundaries" for ledger technologies to appear in outer space.
The DOGE-1 mission is said to launch in early 2022. The meme-coin-backed initiative stamped one of the biggest goals for cryptocurrency trading and DeFi industries.
If you are looking to Buy and Sell Cryptocurrency, but you’re not sure where’s the best website to buy Bitcoin (BTC) in the UK? You can head over to BC Bitcoin, where you can chat to a team member to get you started 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