The crypto market is oversaturated with propositions to buy crypto online, right here and right now. However, very few service providers can guarantee fair conditions and timely order delivery. But that is not the case with Switchere, a licensed and certified fiat-to-crypto exchange service provider.

Switchere offers all platform user simple and transparent user workflow and it is worth mentioning that first crypto buys can be done with no signup or verification on the website. The whole procedure of buying crypto is automated to the maximum and the buyer receives the exact amount paid for. There are no unfair pricing or extra charges, the spending limits for crypto buys are high and once fully verified, the platform user can buy crypto with no purchasing limits whatsoever.

The fastest and most efficient way to buy BTC or other crypto is with a bank card. Implemented 3D Secure authentication helps prevent fraud in online credit and debit card transactions. In summary, the online exchange can satisfy the needs of any demanding customer and it works hard on upgrading and adding new features and service extension on a regular basis.

For all interested in making extra profit from implementing marketing tools online, Switchere grants free access to its Referral Program and promotional materials (Referral Links and diverse banners for further embedding on websites, blogs, forums, etc.). It is a 2-Level program, where Referrers can increase their passive income received from attracting Referrals exponentially. All Referral Rewards are lifetime and accrued in BTC, which is very practical, and there are no restrictions as to the number of newly attracted Referrals. The greater the media appearance, the larger Referral network and net revenue will be.

About

Switchere is an up-and-coming fiat-to-crypto exchange service provider headquartered in Estonia. Irrespective of it novice status on the crypto market, it is firmly establishing itself as a reliable service provider that maintains all regulatory requirements. Its core advantages are accreditation and licensing, fast onboarding, fair pricing and high spending limits for verified platform users, intuitive user interface and frontline customer care services available 24/7.

Since the environment we buy our products from has become ever more global, it has become more and more difficult to keep track of where and these products are made, and if they’ve been manufactured in a way that adheres to our principles. Now, however, a new Swedish blockchain company looks set to change all that.

PaperTale is a new venture in which you’re able to trace a product from its inception using the blockchain, and it brings with it lots of new possibilities.

Let’s say you’re looking at a table, but you’re curious as to the worker’s living standards where it was made, and wish to see if they were paid a fair wage. You can scan the product with your smartphone, and check to see if the employee’s who made the table receive salaries fit for the acceptable living standards in their country.

Or perhaps you want to get verified information about the table’s supply chain and its environmental impact? Again, just scan the product with your phone and the information will be relayed to you on the screen. Using PaperTale, consumers can be much more ethical with their purchases, choosing products that benefit the workers or the environment most.

This traceability is made a reality through PaperTale by way of special protocols built on the blockchain. These enable you to see detailed facets regarding the methods and ethics used to produce the item. On top of that, through PaperTale and your smartphone, it’s possible to send tips directly to the worker who made your products, and have it verified so you can be assured your money has gone to the right people.

PaperTale has been two years in the making, and is finally ready to make its mark on the world. They already have a proof of concept, through the way of a textile company in Pakistan, where all of their new clothes are manufactured using this technology in mind. The tech isn’t limited to textiles though, with PaperTale the possibilities are almost endless.

If you’re one of the many people concerned about workers’ rights and the environment and want to ensure that what you buy is ethical and complements your principles, PaperTale is the technology that will get you where you want to be. To show your support, their crowdfunding campaign is about to go underway on Kickstarter on 13th November, where you’ll have the chance to be the first to use the new technology.

Support worker’s rights by showing your support for PaperTale.

The world’s first and only cryptocurrency exchange with the Any2Any technology has successfully completed beta testing of the third version of the quantum trading core with a built-in liquidity flow that will completely change the notion of exchange trading.

Surprisingly, all modern exchanges, like hundreds of years ago, still use fixed trading pairs, which are in no way connected at the level of the trading core and the order matching system. Each orderbook only contains orders placed in a specific pair. Although hundreds of cryptocurrencies have emerged, you won’t be able to directly exchange one for another on an exchange, where prices are set by the users themselves – you will need to change it first into one of two or three “base currencies” supported by the exchange, and then transfer it to another, or use the services of exchangers, arbitrageurs, thus having to pay increased fees.

The result of three years of development by the 50x.com team was an innovative trading core based on cloud technology and quantum principles for combining orders: although the concepts of a trading pair are preserved at the user level and the interface is completely identical to a regular exchange, all orders inside the core exist in a single space and do not have a firm connection between a seller and a buyer, combining the maximum number of orders in all trading assets simultaneously.

According to the developers themselves, it is impossible to confidently predict the progress of execution after another order has been added, since any new order adds liquidity to a part of the system, thereby changing its state and topology. The same effect is observed in quantum physics, where the presence of an observer changes the results of an experiment. Users only benefit from this, as the system often finds more profitable options while executing another order.

The benefits of using the new Any2Any technology are immediately visible: one order in a trading pair immediately creates the same liquidity in all trading pairs containing this token. That is, one user can place an order to buy DASH for Bitcoins, while all others get the opportunity to sell DASH for any of the currencies listed on the exchange.

The old separated “markets” technology incessantly bumped into traditional problems that were noticeable even on national stock exchanges, i.e. a lack of liquidity in most instruments and its concentration in “blue chips”, which led to a decrease in trading opportunities. Cross-rate trading with more often observable strong movements on which one can quickly earn money, was reserved for advanced arbitrageurs boasting their own trading robots. There were also infrastructural restrictions, making it economically impossible to support a large number of orderbooks.

The 50x.com exchange offers a completely different approach to trading, where hundreds and thousands of cross-rates are available to every user right in the terminal. Thanks to the Any2Any liquidity overflow technology, you can choose any pair from the assets available on the exchange and trade in it. Whereas, orders placed, for example, in the DASH/QTUM orderbook, will automatically appear in all other DASH/* */DASH and QTUM/* */ QTUM orderbooks. And this will lead to the fact that even the most exotic orderbook will collect the entire liquidity for the coins of this trading pair.

How does it benefit trading?

The first and obvious benefit is the possibility of direct trading between coins, without paying double commissions. If you want to switch from DASH to QTUM, you simply place an order in an orderbook of DASH/QTUM. This is much faster than selling DASH first and then buying QTUM. And most importantly, you only make 1 order, and, therefore, pay the trading commission only once.

The second advantage is the ability to view orderbooks/charts in exotic pairs and, accordingly, a huge number of new trading tools, whose rates often go in wider channels than the main instruments. That means they have a greater profit potential.

The third advantage is a multiple increase in liquidity for each coin. Since the entire liquidity of the exchange is summed up across the coins, no matter what pair the orders are in, the liquidity will be available in other pairs as well. This makes manipulating rates much more difficult.

How is this possible?

The fact is that the 50x.com exchange has developed a trading core of a unique architecture that operates with entire transaction graphs, rather than with single orders. This allows you to reduce hundreds and thousands of cross-orders in different currencies within one transaction and create cross-orders.

Why is there no such thing on other exchanges?

The architecture of the Any2Any core is fundamentally different from standard trading cores and required numerous innovative solutions during its creation. Regular exchanges cannot switch to Any to Any technology without completely changing the very basis – the trading core.

Other major exchanges have also attempted to create Any2Any technology, but only one development team has managed to create a truly working product today.

You can try trading with the new technology at 50x.com now – no KYC required.

Everyone has heard about the greenhouse effect. Some of them know that it is generally caused by the emission of CO2 (carbon dioxide) which the human activity leads to. And few people have noticed a news report made the NASA research laboratory, according to which the level of carbon dioxide in the Earth atmosphere has exceeded the mark of 400 PPM (PPM – a unit of concentration, a millionth share).  But only the scientists have been worried by this news. It is great that a simple Swedish schoolgirl Greta Thunberg was able to speak at the UN, drawing the world attention to CO2 emission by industry.

While most people wonder why winters are warm, and there are droughts and catastrophic fires in summer, destroying the hectares of Siberian forests, day by day AQUIX uses all its resources to reduce the amount of the emitted carbon dioxide and prolong life on our planet. The main idea of the company is to ensure the reproduction of physically and mentally healthy people from generation to generation, which will not be indifferent to the environmental problems, such people like Greta, taking the responsibility for the future generations, ready to help in saving and developing biocenoses in that regions where the reorganization of live infrastructure and people economic activities is needed.

 

In order to achieve the target of the company, AQUIX has created a great team working in the research center. Working since 2004, AQUIX scientists have worked out a revolutionary technology “IZON-flow”. It has taken more than $ 3,000,000 and 15 years of work to study and make calculation of this effect. This patented technology is used in all the company projects, bringing it forward among the other eco-projects. The company is based on the principle of transparency, so that the intellectual property documentation is available for the public and anyone can get acquainted with it. More than that, the results of the tests conducted by the company are also open for review.

Besides the production of household devices, at the moment AQUIX is working on the two projects: one of the inertial vacuum air filter and the second – the industrial waste recycling installation. The inertial vacuum air filters have a unique feature. The proposed technology assumes the absence of smoke emissions in any kind of production. Besides, the proposed technology allows to convert the waste gases produced by industry into a market product, providing an additional economic effect of the gas purification process. The industrial waste recycling installations use solid and liquid waste of human life as raw material. Thus, the equipment works on the cheap materials and allows to obtain synthetic hydrocarbons – base synthetic oil, diesel fuel – which are in high demand now, as well as they will be in the future.

AQUIX will invest its profit not only in further research, but also in paying dividends to people who believe in the success of the company. The system of income division in the company is absolutely different from those of the similar projects:

1. The investor receives the official contract with LLC “AQUIX”.
2. The investor automatically gets into the company owners list.
3. The investor has shares of the company intellectual property.
4. The company work is built on the blockchain system.

The use of the blockchain system will make the payment system open to anyone. At the moment, the blockchain system is being prepared. It will allow to replace the company shares with its own cryptocurrency, but the difference from the other cryptocurrencies is that AQUIX provides security for its token, ensuring payments by the established production, research center and intellectual property patents. Every year the price of such currency will grow and this growth will be based on the company finance. It should be mentioned that the company can receive a significant part of its income by granting the patent rights to other organizations, allowing them to receive money regardless of any market development scenario. The compliance with the AQUIX patent rights is monitored by the company legal department, which protects the interests of the company co-owners and prevents the illegal use of the company patents.

Due to the transparency of the project, as well as the real payments to the investors, AQUIX significantly stands out among the traditionally dishonest participants of this sphere. Such companies should be set as an example to all the Russian charity organizations with their usual scandals because of the embezzlement of funds or money laundering with casinos. Let’s follow the development of this promising eco-platform.

The official company site: https://aquix.ru/en/

Our Telegram: https://t.me/AQUIXnews

Introduction to TRON

TRON has over time, spectacularly outperformed and even overtaken other older and bigger projects in the cryptocurrency industry. It is among the projects said to have the brightest futures for their communities and the cryptocurrency space at large.

The platform executes on a third-generation blockchain that’s purpose is to empower the decentralization of the web. Otherwise said, TRON focuses on utilizing its cutting-edge technology in collaboration with other emerging systems to ensure the creation of a global market that encompasses entertainment, content, and media. The key highlight is to develop a revolutionary 100% decentralized network.

Justin Sun introduces the latest features from TRON on September, 24th

The Rise of On-Chain Technology

Blockchain is arguably the most ingenious technology discoveries of the 21st century. Many have referred to it as the new age of the internet as well as the 21st-century unicorn. Besides, its basic function of storing and distributing immutable digital information, Blockchain has developed to new horizons including interoperability and scalability.

Cross-chain technology is the most recent advancement made to expand the capabilities of this breathtaking development (the blockchain). On the other hand, decentralization according to Mina Down “refers to a structure where one or a small number of entities control an entire network.”

While blockchain promises to solve most of the challenges faced by businesses and organizations over the internet, it is also grappling with certain challenges. The most prominent one being “interoperability.” In other words, the current blockchains fail in communication with each other which limits data sharing. The other significant challenge is scalability where blockchains are limited in the number of transactions per second supported.

Both scalability and interoperability integration face almost similar challenges, but a solution has been developed to address the limited transactions and interaction between different blockchains. This technology is referred to as “cross-chain.” Interoperability is achieved by enabling different blockchains to interact with each other and work as a single unit chain. In terms of enhancing scalability, cross-chain technology can put together the throughputs of the connected blockchains.

Existing Cross-Chain Platforms

The most significant platform working on achieving blockchain interoperability is EVEN. Its website describes it as the “the future of web 3.0” and “cross-chain development platform.” EVEN already supports transactions in different cryptos as well as executes smart contracts on other platforms. The main purpose of EVEN is to integrate external blockchains on a single platform.

Other platforms working towards cross-chain adoption are NEO and Ontology who entered into a partnership earlier this year, Komodo platform, and Polkadot.

TRON: A New Player in Cross-Chain Technology Platforms

Among a series of upgrades and new platforms, TRON has purposed to work on in 2019 and 2020 is blockchain interoperability and cross-chain communication. In a livestream conducted by TRON founder and CEO Justin Sun on September 24, the platform is going full-swing in the push to have several chains interact, work and co-exist with each other.

In the same way, TRON developed an alternative to existing decentralized applications (Dapp) platforms with the grand launch of the TRON Virtual Machine (TVM), the network is committed to developing its cross-chain allowing numerous parachains to be connected. In the livestream, Sun announced the transformation of the TRON Network in the upcoming version 3.6.5 upgrade to improve staking, the launch of the SUN Network, release of One-Click blockchain deployment project and the launch of Version 4.0 of the long-awaited TRON Anonymous Token Project.

Why Tron Could Be the Biggest Contender in The Successful Launch of a Cross-Chain Platform

TRON is currently the 14th largest cryptocurrency in world boasting of a market capitalization of $887 million. The platform also remarkably completed the shift from Ethereum blockchain to its protocol referred to as TRON Chain in 2018. The migration encompassed changing the ERC-20 tokens to TRX tokens executing on TRON blockchain and later the burning of the ERC-20 TRX tokens.

In addition to that, TRON has within a short period become a competitor to reckon as a Dapp building platform. More than once TRON blockchain transactions have topped in the market giving platforms like Ethereum, NEO and EOS a run for their money. The success has been brought forth by the launch of TVM and other supporting platforms such as BitTorrent.

Looking at what TRON has been able to achieve in less than two years, the development of the cross-chain platform is not a dream anymore. The development team is supported by vast resources and an active community. All the three working together will mark the beginning of a revolutionary cross-chain technology platform; a true pathway to the decentralized web.

 

 

 

 

 

 

 

A longstanding bugbear for vast swathes of the cryptosphere, taxation is getting easier. The emergence of powerful tools for simplifying cryptocurrency taxes has helped brighten the mood of bitcoiners everywhere. Crypto heads in a handful of Euro nations have added cause for jubilation, however, in the wake of clarification from national tax agencies on the treatment of digital assets.

The tax bodies in Portugal and France have both recently issued statements on the status of cryptocurrencies, and it’s good news for residents of the Mediterranean countries. The Portugal Tax Authority garnered headlines in August when it confirmed that crypto payments and trading are tax-free. Confirmation of the tax-exempt status of Portuguese crypto citizens – but not businesses – was welcomed, arriving at a time when other European agencies have been making less favorable noises about bitcoin and its sister currencies.

Where Portugal Leads, France Follows

In Europe, countries determine their own tax status, but other matters are devolved to the European Union. The EU’s decrees on compliance and anti-money laundering directly intersect with digital assets, despite protests from their proponents that bitcoin sees far less usage in criminal circles than fiat currency. Whatever the case, there appears to be a growing consensus in Europe that crypto assets are here to stay. As such, it makes sense from a fiscal perspective for governments to acknowledge them and to tax them like any other asset class.

There is another, bolder approach that forward-thinking and tech-friendly governments can take: to not merely regulate and tax digital assets, but to adopt a light touch that will drive blockchain business to the country, rather than sending them scampering overseas. France has taken a sensible stance here, concluding that crypto-crypto trades will not be taxable, meaning investors will only be liable for tax when cashing out to fiat.

This contrasts with the US, where crypto traders are prone to bemoaning the complexity and costliness of having to pay tax on every winning trade – not to mention every cup of coffee bought with bitcoin.

Reducing the Tax Burden While Saving Time

Bitcoiners not fortunate enough to live in a tax-lite country have no getting around the obligation to calculate tax every time they use crypto. Thankfully, determining those obligations no longer requires a 20-tab Excel spreadsheet, eight cups of coffee and saintly patience. The quality of online guides and tools for cryptocurrency taxes has improved dramatically in the last few years, with “Crypto Tax as a Service” software now automating the process from end to end.

Short of relocating to France or Portugal, there’s no way to avoid paying Caesar’s things to Caesar, even when dealing in satoshis. Some things in life are unavoidable, tax being one of them, but that doesn’t mean the process has to be a chore. Perhaps one day, when the rest of the developed world has given in and joined the crypto revolution, taxes will be automatically deducted by smart contract, preventing the need to file anything whatsoever. Whether that’s your idea of administrative heaven or Panopticon hell depends largely on the characteristics that drew you to crypto in the first place. Whatever the case, until that utopia/dystopia arrives, crypto users are just going to have to file their taxes the old-fashioned way along with everyone else.

The popular Bitcoin mixing service, Bitcoinmix.org has added an Ethereum mixing service to its growing services. The service which has been in operation since 2015 is known for its consistency.

Bitcoin mixing has become an integral part of the cryptocurrency industry considering that Bitcoin, which is the premier coin has dominated the market and don’t seem to show signs of letting up in the near future.

The essence of mixing the digital currency is to make sure that the identity of the owner of the coin is anonymous, a feature which early Bitcoin users thought that the cryptocurrency has. If you have come across blockchain analysis, you would know that it is a rapidly growing technology which aims to make sure that the open ledger blockchain on which coins like Bitcoin were built on does not conceal the identities of the users.

This means that the transactions made on the distributed ledger technology are not private. Also, the identities of the holders of Bitcoin and other coins using the open ledger cannot be concealed. The implication is that any curious analyst with the full copy of the blockchain could see what funds are owned by anyone.

It is also possible to know who is sending a specific amount of bitcoin to another person. With the insistence of most exchanges that the users undergo complete know-your-customer procedures, the identities of the holders of these coins are easy to know in case of hacks or database leaks.

There are several terms with which this process of making the user anonymous is know but they all mean to accomplish the same objective: making the user of the cryptocurrency anonymous. Whether mixing, blending or tumbling, they imply the same thing and essentially enables private transactions on the blockchain.

Bitcoinmix.org has been one of the companies at the forefront of anonymizing Bitcoin use. Interestingly, the company recently announced that it is extending the service to the users of Ethereum.  

With this development, users of the Ethereum network can now dissociate their transactions from their wallets making it impossible for spies on the network to track their transaction history.

The need for anonymity in the use of cryptocurrencies could be seen with the increasing affinity a segment of the industry have for privacy coins such as Monero, Zcash and Dash. 

CEDEX Holdings Limited (“CEDEX”) and U2 Diamonds (“U2”) have entered into a joint venture to support issuers that are looking to issue the first diamond ETF. 

CEDEX is a global, digital diamond exchange, focused on transforming diamonds into a new financial asset class. CEDEX developed a unique proprietary technology called the DEX, and combined with blockchain, provides a diamond spot price feed and gives investors the ability to trade in individual diamonds as a financial asset.

U2, through its subsidiary U2 Diamond Prices, is regulated in the UK by the FCA as an EU Benchmark Administrator.  U2 uses prices from arms’ length transactions in the wholesale diamond market to publish investable diamond indices that can be used to link to financial products.

The joint venture creates clarity and certainty to the market by providing price point transparency and combining DEX technology with the FCA regulated indices of U2. This breakthrough in regulatory approval for financial diamond indices, alongside CEDEX’s technology, will allow institutions to generate financial contracts and instruments with appropriately-priced underlying assets linked to them – making a diamond ETF achievable. With only 1% of the current value of the diamond market being used for financial investment, the JV creates the opportunity to develop diamond linked products as a non-correlated alternative asset class for investment and preservation of wealth similar to the way precious metals are used as a safe haven by investors.

In addition, the joint venture will undertake the following:

• Marketing of polished diamond indices to ETF and Future issuers.
• Enhance the Advanced Diamond Index accuracy based on the CEDEX proprietary algorithm DEX price feed.
• Will jointly promote and market advanced diamond Indices to market participants.

Eventually, CEDEX plans to build a complete and regulated ecosystem that digitalizes diamonds as financial assets accessible to the global financial market.

Saar Levi, CEDEX CEO, said:

“This is a unique and exciting opportunity for CEDEX. The partnership with U2 Diamonds unlocks an exciting new development, not only for the diamond market, but for the global financial market as a whole. An FCA-regulated diamond index coupled with the DEX creates the infrastructure for a new financial asset class. This infrastructure with the increased security and efficiency the blockchain offers, will not only allow diamond holders to liquidate their assets at a fair price thanks to CEDEX’s price feed, but financial institutions will be able to trade diamonds at low carry cost and with a diversified risk profile that matches their trading strategies.

“We have connected to diamond suppliers and listed already over $100 million worth of diamonds on our platform. We are currently in talks with tier 1 & 2 ETF and Futures Issuers, Index Providers, Market Makers, Authorized Participants (APs), banks, exchanges and other financial institutions.”

Caption: Hey, you Bitcoin, are you protected under the Constitution?

As the price of Bitcoin continues to rise, those who are not too bullish about the long-term future of cryptocurrency will continue to doubt the obstacles that lay ahead. In fairness, they have a good mind, too. Still, there may be one overlooked reason why the USA would struggle to ban Bitcoin entirely: A Bitcoin ban may go against the First Amendment protection of free speech.

The Situation 

Bitcoin exists as a decentralized network. Aside from the philosophical implications, decentralization makes it technically difficult for anyone to shut down the Bitcoin network entirely. The same would go for well-established altcoins operating in a decentralized way. To attempt to do so would resemble a game of never-ending Whack-A-Mole.

Despite this, the jury is still out on whether governments could somehow ban Bitcoin, if not the network, then at least its use. So far, some countries have allowed Bitcoin to continue its course while others, such as China and Russia, have made a concerted effort to make any transactions illegitimate.

In any case, cryptocurrency has proved to be quite different from other industries that have faced scrutiny. Case in point: Sports betting was illegal in the USA outside of Nevada until a recent Supreme Court hearing overturned the federal ban, allowing individual states to regulate sports betting and for upcoming licensed online sites like FOX Bet to enter the market.

Bitcoin, on the other hand, presents a legal gray area. Regulatory bodies, taxes and enforcement agencies haven’t found a universal way of dealing with cryptocurrencies, and as of yet, countries like the USA have not made any move to make a full ban.

Bitcoin as Free Speech 

Photo by Newtown Graffiti / CC BY 2.0
Caption: Bitcoin is code, code is speech, and speech falls under the First Amendment. Go figure.

Although skeptics may believe that that Bitcoin will eventually be shut down, there may be a solid constitutional reason why this can’t happen, at least in the USA. That is, according to Abra Founder and CEO Bill Barhydt, who recently spoke on a panel during the Bitcoin 2019 Conference in San Francisco.

Barhydt makes an interesting point in his speech, as reported on Forbes, that Bitcoin falls under free speech. The concept is quite simple, even if you are not familiar with the technicalities of the cryptocurrency world.

Bitcoin is code, and code is a language. Language is a type of speech, and speech falls under the First Amendment. As Barhydt says, you can’t stop someone from moving ones and zeros around in the same way that you can’t stop them from opening their mouth and closing it again. He believes that there needs to be more talk around access to this technology as a basic human right.

Case Already Solved 

It’s not only theory. In a way, the so-called Crypto Wars of the 1990s already solved the case.

In 1991, Phil Zimmermann faced charges for writing the encryption software Pretty Good Privacy aka PGP. The source code for PGP was then printed in a book and sold abroad, a demonstration that the code fell under free speech protection. A similar outcome occurred in 1995 when Berkeley mathematician Daniel Bernstein sued the U.S. government for blocking the publication of his encryption software.

These cases have set a precedent for future crypto debates in the USA, making it quite difficult for the federal government to ban Bitcoin. Countries like China and Russia have had more success smiting the technology, mostly by banning transactions, exchanges and payment processing. In the USA, however, the moving around of ones and zeros may well be a First Amendment right.

Edge of the Network 

Barhydt does think that certain aspects of the cryptocurrency economy are still vulnerable to government overreach. The government could still target on-ramps and off-ramps where they can exert more control, such as exchanges and stable coins. He also thinks that coins like Facebook’s Libra could damage the Bitcoin ecosystem, as they are not decentralized and are “more than just ones and zeros.” 

 

Bitcoin as free speech. It’s an interesting debate and one that Barhydt thinks we need to have. What do you think?

Bitstamp, Europe’s largest cryptocurrency exchange, and BCB Group, one of the world’s leading global digital asset prime brokers, today announced a new partnership that will enable investors from the UK to transfer GBP directly to and from their Bitstamp accounts.

Through this partnership, Bitstamp will be able to support deposits and withdrawals directly in GBP, providing increased efficiency and reduced costs for clients. The new GBP service will be available to Bitstamp’s customers by the end of the year.

Oliver von Landsberg-Sadie, Founder & CEO of BCB Group, said: “We are delighted to be partnering with Bitstamp to create an efficient transaction experience for UK investors wishing to deposit and withdraw funds in GBP. We value this partnership not only because it enables UK clients to transact with Bitstamp onshore, rather than having to send funds offshore, but also because it furthers our mission to provide seamless prime services infrastructure covering compliance, trade execution and settlement and custody for clients wishing to access cryptocurrencies.”

BCB Group’s range of solutions has been developed to cater to the needs of exchanges, institutions and high net worth clients seeking OTC best execution for their own accounts and who wish to offer cryptocurrency products and services to their own clients.

Bitstamp, which is the world’s longest-standing crypto exchange and widely regarded as a pioneer in the industry, has placed an emphasis on reliable and secure service ever since it opened its doors in 2011. “This is a great fit,” said Nejc Kodrič, Bitstamp CEO. “One of our points of emphasis is providing robust payment rails to our global customer base. We’re excited to have BCB Group provide an additional boost to our efforts on that front.”

Bitstamp, which will soon be celebrating 8 years of continuous operations, has had a busy year so far, launching a new mobile app and webpage redesign, reaching a number of new partnerships and ramping up the exchange’s presence in the US by obtaining a BitLicense and making strategic hires.