UK Cash-for-Bitcoin Service ZipZap Suspends BTC Transactions
The global cash payment network has 'temporarily' halted digital transactions as its payment processor awaits clarification on regulations.
Transaction network ZipZap has announced that consumers across 34 countries will soon be able to use its cash-to-bitcoin services.
ZipZap has formally reinstated its bitcoin buying service at more than 20,000 retail locations in the UK.
ZipZap has raised $1.1m in new funding with the goal of becoming the leading payment network for digital currencies.
ZipZap CEO Alan Safahi tells CoinDesk about his company's expansion plans, and why bitcoin matters in emerging economies.
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