Crypto Payment Processor BCXPro Rated And Listed On PayRate42

PayRate42 has included crypto payment processor BCXPro in its compliance listing

BCXPro (website) is a crypto payments company that renders digital asset custody, traditional banking, and crypto payments solutions for businesses.The crypto platform BCXPro and its affiliated retail crypto exchange BcBitcoin are operated by legal entities in Poland and Lithuania. Both entities are registered as Virtual Currency Businesses in Poland and Lithuania respectively.

 

The website claims that BCXPRO would be the institutional part of the crypto scheme that emerged from BCBITCOIN and CRYPTOMATE. The BCXPro platform is operated by British Nationals, according to information on LinkedIn, with Jamie Green acting as CEO.

BCXPro provides corporate clients with access to traditional banking, digital asset custody and the exchange between the two.

The BCXPro service includes:

  • OTC (Over The Counter)
  • BANKING (corporate IBANs)

  • DIGITAL ASSET CUSTODY

  • Crypto and fiat payments
  • Buy crypto
  • Sell crypto
  • Cross border payments

The PayRate42 team assigned a GREEN rating to BCXPro. However, despite claiming over 50,000 users, according to Similarweb, their website receives less than 5,000 monthly visitors. This discrepancy raises concerns.

Share:

More Posts

CyberRating Agency PayRate42 announced new compliance criteria for crypto firms

Attention: New Crypto Regulations Prompt New Compliance Criteria At PayRate42!

Cryptocurrencies have been gaining popularity in recent years, with many investors and businesses turning to them as a means of payment and investment. However, with the rise in use of cryptocurrencies, there has also been an increase in regulatory scrutiny. Recently, new crypto regulations have been introduced, prompting CyberRating agency PayRate42 to implement new compliance criteria.

Wise with impressive performance and confirmed Green Compliance rating

FinTech Wise with impressive performance! PayRate42 confirms Green Compliance rating!

PayRate42, the leading cyber rating agency, has recently updated the profile of UK-based fintech giant Wise, reaffirming its “Green Compliance” rating. This update follows Wise’s impressive half-year financial results, showcasing a substantial increase in profits and revenue, driven by favorable interest rates and a surge in customer engagement.

Dutch crypto exchange Bitvavo receives regulatory approval

Dutch Crypto Exchange Bitvavo Received Approval Of Austrian Regulator FMA!

Many experts and investors are preparing for the next crypto bull run expected before the halving in Q2 2024. The approval of US crypto ETFs is also expected, which should pump a lot of money into the crypto segment. Just in time for the expected take-off, the Dutch Bitvavo has received another regulatory license in Austria.

Update on payment processor NomuPay

Update On Payment Processor NomuPay

NomuPay is certainly one of the most interesting high-risk payment processors in Europe. Not because of its technology or its business, but because it has taken over important parts of the Wirecard business and allegedly also parts of the now closed Payvision. Here is an update.