UK Cash-for-Bitcoin Service ZipZap Suspends BTC Transactions

UK Cash-for-Bitcoin Service ZipZap Suspends BTC Transactions

Global cash payment network ZipZap has temporarily halted digital currency transactions, after partner and non-bitcoin payment processor PayPoint said it needed more clarification on surrounding regulations. ZipZap CEO Alan Safahi told CoinDesk the company had not ended its relationship with PayPoint, adding that it was still working with them for non-digital currency clients, and to add more payment locations. He said such issues were a fact of life for bitcoin businesses who needed to operate within the traditional fiat world. He added: "They only halted digital currency processing until....


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