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Category: LocalBitcoins
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Localbitcoins Trader Facing up to 40 Years in Prison Over Bitcoin Fraud Schemes
A trader on Localbitcoins and Paxful has pleaded guilty to charges in connection with a couple of bitcoin scams. The U.S. Department of Justice alleges that the trader knowingly sold bitcoin to victims of fraudulent schemes. Bitcoin Trader Facing Jail Time The U.S. Department of Justice (DOJ) announced last week that a Boston man has […]
The post Localbitcoins Trader Facing up to 40 Years in Prison Over Bitcoin Fraud Schemes appeared first on Bitcoin News.
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P2P Bitcoin Trading: Venezuela, Colombia Account for Over 23% of Total Localbitcoins Volume
A study revealed a rising trend in bitcoin (btc) volume trading across Latin America amid the coronavirus pandemic and rising inflation, pushing the figures to record highs and putting Venezuela and Colombia at the top of the ranking. Latin America Sees a Bullish Trend in Bitcoin P2P Trading Volume According to Localbitcoins, a peer-to-peer (P2P) […]
The post P2P Bitcoin Trading: Venezuela, Colombia Account for Over 23% of Total Localbitcoins Volume appeared first on Bitcoin News.
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Cuba’s exploding crypto interest comes amid an absence of regulation
Monetary reforms and a lack of regulation mean crypto is booming in Cuba.
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Google searches for Bitcoin are on the rise in Cuba
Cubans are interested in Bitcoin as other major digital payment options like PayPal are unavailable.
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Traders on Paxful sell $16.2M of Bitcoin for discounted gift cards each week
A new report has found almost half of all Bitcoin traded on the P2P exchange Paxful is exchanged for gift cards.
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Major P2P crypto platform LocalBitcoins is blocked in Russia
LocalBitcoins’ website has been blacklisted in one of its key markets.
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Russia’s crypto law is a mixed bag, according to industry execs
Crypto businesses are unsure how to react to new regulations in the Russian Federation.
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