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Processor stopped deposits PayPoint had reportedly halted deposits to ZipZap until the UK government and the financial conduct authority provide legal clarity on digital currencies.

Banks OK, others still wary The company had apparently had no problems with its partners in the traditional banking world, but payment processors like PayPoint and PayPal have been treading far more cautiously with digital currency related activities. Read more about Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.

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This means that, from January, people will be able to buy bitcoins from a number of reputable exchanges through a single source, and pay in. Cash for bitcoins. ZipZap had allowed customers to buy bitcoins with cash by first registering at its site and verifying ID, printing out a barcode on.

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