Payment of Services through BTC (Bitcoin Currency)

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PAYMENT OF SERVICES THROUGH BITCOINS
On December 21, 2020, Business Ventures Management Limited LLC received authorization from the MFSA to accept Bitcoin (BTC) as payment for all services offered on its business platform.

License overview

Business Ventures Management Limited LLC receives approval for a Class 3 VFA License from the MFSA on December 21st 2020.

We are proud to announce that we have been approved to accept Crypto-Currencies under the VFA(Virtual Financial Assets) Act regulated by the MFSA.

To date Business Ventures Management Limited LLC has been operating under the transitory provisions of the Virtual Financial Assets Act in Malta and has worked closely with the regulator to achieve these important milestones. Malta is one of the few jurisdictions in the EU that have developed a clear digital assets regulatory framework to protect consumers. Fulfilling the conditions and the on-going obligations of the applicable local and international laws and regulations is a proof of Business Ventures Management Limited LLC commitment to provide a secure and compliant crypto transaction environment globally.

User Agreement (For Bitcoins)

Upon any service approval, BVML shall disclose its global public BTC wallet to the Client including the service invoice.

Timeframe & Service Execution
Service through BTC payments shall execute SAME DAY, as compared to the usual bank transfer which usually executes within 3 to 4 business days until funds are credited to the Company’s Business Bank Account.

Processing of Refunds (Payment made through BTC).
Processing of Crypto-refunds, in case of service cancellation in a meaningful timeframe, shall be done same day to the source wallet.
Note: A minimum Transaction Network Fee shall apply (Based on Blockchain infrastructure & terms).

Management of Crypto-Funds
All crypto-assets are managed by the Company’s Crypto-Asset Team.
You may reach our Crypto-asset Team at [email protected]

Note: Terms and conditions apply.

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Click to view our VFA C3 License
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    In some countries, an international business license is required to operate. Additionally, if you wish to be a major shareholder in a company headquartered in a country that mandates such a license, you will need approval before acquiring a stake. While requirements vary by country, there are several basic steps to obtaining an international business license. Business Ventures Management Limited is your one-stop hub, having structured over 18,000 Global Businesses worldwide to date.

    ADDRESS

    217/1, 21st September Avenue,
    Naxxar NXR 1013, Malta.

    EMAIL

    [email protected]

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