AML BitCoin Gains Rapport in the UK

AML BitCoin Gains Rapport in the UK

Bitcoin Press Release – London, United Kingdom, 13th November, 2017: Marcus Andrade, chief operating officer of NAC Foundation, LLC, creator of the innovative new digital currency AML BitCoin, met with Adam Afriyie, Member of the Parliament of the United Kingdom, in London to discuss how AML BitCoin can solve the concerns impeding the widespread introduction of digital currencies in the UK.

MP Afriyie, chair of the House of Commons All Party Parliamentary Group on Fintech, is the leader in the Parliament on issues related to cryptocurrency, and is renowned as the first MP to discuss blockchain technology on the floor of the House of Commons. Blockchain is the technology that underpins the world of digital currency, and is a publicly distributed ledge of transaction empowering the next wave of tech innovation throughout the world.

“I believe the AML/KYC compliance linked to the AML BitCoin through our patent-pending cutting edge technology greatly impressed Chairman Afriyie,” said Andrade. “We discussed rapidly moving forward on a series of briefings for important stakeholders, and our providing his offices with materials geared to assist in the spread of information related to blockchain and digital currencies.”

AML BitCoin Gains Rapport in the UK

AML BitCoin

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A number of nations throughout the world have recently moved against anonymous digital currency, such as Bitcoin, for fear that their anonymity promotes entry by criminal and terrorist elements into otherwise protected financial systems.

In the United States, Members of Congress are considering legislation barring the use by U.S. merchants of anonymous, non-AML compliant cryptocurrencies.  It is anticipated that the United Kingdom may move in a similar direction, making the arrival of AML BitCoin – the world’s only digital currency with patent-pending biometric digital identification built into its architecture – a potential solution to these internationally shared concerns.

Andrade hopes that Chairman Afriyie will soon convene a roundtable for the All Party Parliamentary Group on Fintec, including MPs, members of the House of Lords and other key stakeholders, at which AML BitCoin will have an opportunity to further present the key elements of their groundbreaking technology.

In addition to his successful meeting with Afriyie, Andrade also met with key leaders at the London Stock Exchange.  The LSE has an international reputation as a vanguard institution, leading in financial innovation.  Andrade met with Dr. Robert Barnes, Global Head of Primary Markets and Antonella Amadei, Head of Global Development Market Infrastructures to discuss the astonishing growth of cryptocurrencies, in light of the challenges they pose to established financial institutions – including the concerns shared by most finance leaders that digital currencies are unstable and could introduce undesirable elements into finely tuned financial systems.

Andrade provided the LSE representatives with an explanation how AML BitCoin was a unique digital currency and could actually provide the solution to both the instability and insecurities generated by the world of anonymous digital currency.  The LSE will continue to study cryptocurrency and explore how it might be possible to work with AML BitCoin to solve some of the concerns they share.

About NAC Foundation

NAC Foundation, headquartered in the U.S., is the creator of the AML BitCoin, the world’s only patent-pending digital currency with anti-money laundering, know-your-customer, anti-terrorism and theft-resistant properties. AML BitCoin is compliant with all major national security and financial protection laws and regulations, including the USA PATRIOT Act and the Bank Secrecy Act. NAC’s mission is to strengthen the acceptance and use of digital currencies by advancing throughout the world security compliance, combined with blockchain technology.

For more information, please visit http://www.AmlBitCoin.com or www.AmlToken.com

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Cryptocurrency Benefits and Drawbacks

Cryptocurrencies make it less complicated to transfer price range among two events in a transaction; these transfers are facilitated via using public and private keys for security functions. These fund transfers are executed with minimum processing prices, allowing users to keep away from the steep fees charged by maximum banks and monetary institutions for twine transfers.

Valuable to the genius of bitcoin is the blockchain it uses to store an internet ledger of all the transactions that have ever been carried out using bitcoins, imparting a statistics structure for this ledger that is uncovered to a restricted hazard from hackers and can be copied throughout all computers running bitcoin software. Many professionals see this block chain as having important uses in technology, which includes online voting and crowdfunding, and major monetary establishments along with jp morgan chase see capacity in cryptocurrencies to decrease transaction fees with the aid of making fee processing greener.

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Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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