Businesses always try to grow with time and enhance their services. It's also necessary to make a company or business compatible with local and international laws to continue its services. But its sometimes difficult or not possible for the company to obey that law. Same is the case with UK based firm. They think its hard for them to continue with new UK laws. So they announced to shut down their services.
Bottle Pay Officially announced in a Blog Post that "alter the current user experience so radically, and so negatively, that we are not willing to force this onto our community."
More they said "To maintain our integrity as service providers, and to protect the interests of our team, investors and users, we have taken the painful decision to shut Bottle Pay down completely rather than become subject to these new regulations,"