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Tag: the U.K.

BSN partners with INDUSTRIA, eyes UK market

China’s Blockchain-based Service Network (BSN) has announced a partnership with U.K. tech firm INDUSTRIA, as the state-backed blockchain infrastructure looks to make a foray into the European market. See related article: BSN to integrate CasperLabs’ chain to support NFT issuance in China Fast facts The partnership marks BSN’s first attempt to enter the U.K. and […]

FCA issues termination order for Bitcoin ATMs

The financial watchdog in the U.K. has declared that all non-registered ATMs must be immediately closed down or be subject to undisclosed additional action.

Papa Johns’ NFT Drop continues in spite of warning by the UK’s regulator

Nine different pizza hot bag designs are part of the collection of 19,840 NFTs minted on Tezos.

The post Papa Johns’ NFT Drop continues in spite of warning by the UK’s regulator appeared first on Cryptoverze.

U.K’s FCA Threatens to Cancel License for Binance’s Newly Launched Service Bifinity

Binance’s launch of fiat-to-crypto payments provider Bifinity on Monday, March 7, has met with immediate resistance from U.K’s top regulatory body – Financial Conduct Authority (FCA). With Monday’s launch, Binance confirmed that its newly launched Bifinity service will advance a $36 million convertible loan to Eqonex. This gives Bifinity some specific contractual rights over Eqonex.

The post U.K’s FCA Threatens to Cancel License for Binance’s Newly Launched Service Bifinity appeared first on CoinGape.

eToro Reports 2.4 Million Funded Accounts in 2021 Financial Results

One of the well-known global multi-asset investment platforms, eToro, has released its fourth-quarter 2021 and full-year financial results, noting a significant increase in total commissions.

Through Azteco, BTC Available At 600K+ New Locations In Nigeria, Canada & The UK

Azteco is making big moves. Their vouchers are now available in 600K new locations in Nigeria, 6K in Canada, and 28K in the U.K. Their system was already one of the most accessible ways to buy bitcoin, and now, in those countries, Azteco is basically everywhere. Better yet, clients don’t need to provide neither bank nor credit card details.  Related Reading | Nigerians Move Almost $40 Million In P2P Bitcoin Trading In A Month “Go to your local store and buy a top up voucher just like the ones you’re used to. Enter your Voucher number to redeem,” buying bitcoin with Azteco is akin to adding credit to your cell phone. “There is nothing to learn or understand; it just WORKS,” the company tweeted. However, if you need a more detailed game plan, here it is: Fill out the form here. Receive an email with a barcode. Go to a Paypoint, or other location as instructed. Show the barcode and pay. Receive your voucher instantly via email. The headline here, though, is the number of locations Azteco recently onboarded. 600K Cash-In Locations In Nigeria Recently, one of the main topics in bitcoin is adoption in the African country. “Nigeria is the number two leading country in Bitcoin adoption, and now, Nigerians have access to Azteco through 600,000 Cash-In locations. We expect an explosion in uptake.” Since the process is identical to acquiring phone credit, people already know how to do everything required.  We expect this uptake because Azteco is the most simple method of buying Bitcoin on the market, identical in process to the top-up's everyone on the African continent is used to with adding air-time to Mobile Phones. There is nothing to learn or understand; it just WORKS. — Azteco (@Azteco_) March 3, 2022 “Nigerians have total freedom to send and receive Bitcoin from anywhere instantly, reliably and privately,” Azteco promises.  BTC price chart for 03/05/2022 on Bittrex | Source: BTC/USD on TradingView.com Azteco Available At 6K Canada Post Locations In the post office, “you can buy Loadhub and use it to get an Azteco Voucher. Now Bitcoin is within arms reach of 98% of all Canadian Citizens.” Pay with cash or bank transfer and rest assured that Azteco doesn’t “store any personal information longer than required to fulfill your order, after which we delete that information.” Here are the very simple instruction for Canada Post’s clerks: There are 6000 Canada Post locations in Canada. And at each one, you can buy Loadhub and use it to get an Azteco Voucher. Now Bitcoin is within arms reach of 98% of all Canadian Citizens.🍁 https://t.co/kFIv8dudVw pic.twitter.com/BZtc0hFWXX — Azteco (@Azteco_) March 3, 2022 Here’s a map with all of the Canada Post’s locations: At every Canada Post outlet in Canada you can buy an Azteco Voucher right now. Get a Bar Code from https://t.co/kFIv8dudVw take it to your local post office and the instant you pay, your voucher will arrive in your recipient's email. It's simple, safe, fast, secure and private.🍁 pic.twitter.com/DNlhqmSFfe — Azteco (@Azteco_) March 4, 2022 Azteco At 28K Extra Locations In The U.K. The vouchers are already available at a very popular chain store, but this is bigger. “Azteco is now available at 28,000 locations across the UK through PayPoint. Now everyone in the UK has easy, instant access to Bitcoin.”  The process is extraordinarily simple. Select the amount of Bitcoin you want to buy, and have your barcode emailed to any email address. Show your barcode at any Paypoint location and pay. The instant you've paid, your Azteco Voucher is emailed to the address you specified. pic.twitter.com/q8lajO7vWc — Azteco (@Azteco_) March 1, 2022 Conclusions And Solutions In today’s world, governments proved that they would go after the finances of entire populations just for the fact that they disagree with their politics. A solution like Azteco is welcomed with open arms. It’s not exactly KYC-free, but close enough. Related Reading | Startup Providing Convenient Bitcoin On-Ramp Lands Google Talent “Azteco doesn’t have user accounts, just like Pay as You Go SIM Cards. It’s “disposable Bitcoin” for small amounts,” the company states. And Nigerians, Canadians, and U.K. residents now have availability in physical locations that they usually go to. They can pay their electric bill, re-fund their phone, and get some bitcoin without breaking a sweat.  Will this affect the market at all? It’s not likely. Retail buyers are just a small percentage, and, as stated, Azteco is for small amounts. Will this benefit everyday bitcoin users in those countries? Absolutely. Featured Image by Blake Wisz on Unsplash | Charts by TradingView

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