If you are an individual who wants to buy bitcoin but has no bitcoin wallet and is unable to obtain one, there is a new option available.
A new bitcoin exchange called Oxford Exchange, which was founded by Oxford University’s bitcoin enthusiast, David Dao, has been approved by the U.S. Department of the Treasury as a U.K. financial institution.
The company says it is the first bitcoin exchange in the United Kingdom to be approved by government regulators.
It has received approval from the Financial Services Authority, the U,K.’s Financial Conduct Authority, and the Financial Transactions and Reports Analysis Centre, the UK’s Financial Services Compensation Authority, according to the Oxford Exchange website.
The Oxford Exchange’s website says that “bitcoin is a digital, decentralized and decentralized cryptocurrency, and is the only digital currency whose supply is publicly verifiable.”
The company claims that it is not a bitcoin exchange, but rather a service provider that provides customers with access to bitcoin wallets.
Oxford Exchange will accept the bitcoin from customers and will convert the currency into pounds sterling.
The startup also said that its service will work with banks, credit unions, insurance companies, insurance brokerages, insurance exchange platforms, and more.
Dao said he was inspired to start Oxford Exchange after his personal bitcoin wallet, known as BitGo, went missing in the aftermath of a hack that hit several banks in the U