Blackwell Global Adds Bitcoin to List of Funding Methods
- The inclusion of Bitcoin illustrates the company’s willingness to embark on the cryptocurrency space.
Blackwell Global has announced that Bitcoin will be implemented as a method to fund client accounts. As it stands Blackwell UK will be the first company of the group to implement the digital currency as a funding method for its clients.
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Clients of Blackwell Global UK will be able to fund their accounts with Bitcoin, regardless of the country in which they reside, as well as the currency denomination of their accounts.
The company will use its proprietary client portal, Infinitum, to enable the use of Bitcoin in the funding process. Clients will see their balances updated in either USD or EUR, at the Bitcoin exchange rate relative to the chosen currency at the time of the deposit.
Patrick Latchford, CEO of Blackwell Global UK, said: “Bitcoin uses ground-breaking technology that revolutionises the way people use money. The potential for security and global adoption lies in its innovation and improvement over time. We are excited to be a part of the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term movement.”
The decision by Blackwell Global will provide another option for its clients and provide greater flexibility of funding methods.
Blackwell Looking to Expand Operations
Blackwell Global has been gearing up its expansionary efforts over the past year. In the latter half of 2017, the company successfully acquired New Zealand-based Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and financial services provider NZF Group Limited (NZF).
Moreover, in an effort to offer service in additional markets, the company opened a subsidiary in Cambodia, following its approval and successful acquisition of a Cambodian SECC derivative broker license.
Last month, Blackwell Global received the approval of the Hong Kong Securities and Futures Commission (SFC), to receive an asset management license. The license permits the company to provide asset management services in Hong Kong.
Along with the addition of Bitcoin as a funding method, it is evident that the company is taking steps to ensure both its geographic and operational expansion.
Blackwell Global has announced that Bitcoin will be implemented as a method to fund client accounts. As it stands Blackwell UK will be the first company of the group to implement the digital currency as a funding method for its clients.
Discover credible partners and premium clients at China’s leading finance event!
[gptAdvertisement]
Clients of Blackwell Global UK will be able to fund their accounts with Bitcoin, regardless of the country in which they reside, as well as the currency denomination of their accounts.
The company will use its proprietary client portal, Infinitum, to enable the use of Bitcoin in the funding process. Clients will see their balances updated in either USD or EUR, at the Bitcoin exchange rate relative to the chosen currency at the time of the deposit.
Patrick Latchford, CEO of Blackwell Global UK, said: “Bitcoin uses ground-breaking technology that revolutionises the way people use money. The potential for security and global adoption lies in its innovation and improvement over time. We are excited to be a part of the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term movement.”
The decision by Blackwell Global will provide another option for its clients and provide greater flexibility of funding methods.
Blackwell Looking to Expand Operations
Blackwell Global has been gearing up its expansionary efforts over the past year. In the latter half of 2017, the company successfully acquired New Zealand-based Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and financial services provider NZF Group Limited (NZF).
Moreover, in an effort to offer service in additional markets, the company opened a subsidiary in Cambodia, following its approval and successful acquisition of a Cambodian SECC derivative broker license.
Last month, Blackwell Global received the approval of the Hong Kong Securities and Futures Commission (SFC), to receive an asset management license. The license permits the company to provide asset management services in Hong Kong.
Along with the addition of Bitcoin as a funding method, it is evident that the company is taking steps to ensure both its geographic and operational expansion.