DIGIT

Bitcoin.com Local Gathers Steam as Other P2P Markets Falter

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The bitcoin marketplace Localbitcoins was once the most popular peer-to-peer (P2P) trading platform. But during the last few years, the company’s trading requirements and KYC implementation have caused an influx of traders to migrate to different P2P crypto markets. The mass departure has caused business on Localbitcoins to drop like a rock and volumes haven’t … Read more

Bitso’s Partnership With Ripple can Bring ODL to Latin America

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Ripple’s technology continues to make inroads in the financial and cryptocurrency industry alike.Bitso, the largest exchange in Mexico, sees tremendous merit in ODL. Everyone wants to benefit from quick, convenient, and fast access to wealth at all times. Bitso Thinks ODL is a Good fit for Latin America When relying on the traditional legacy systems, … Read more

South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards

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South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Also read: Bitcoin Legal … Read more

German Crypto Regulator BaFin Shuts Down Unauthorized Bitcoin ATMs

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Germany’s Federal Financial Supervisory Authority (BaFin) has shut down unauthorized bitcoin ATMs in the country. Now that cryptocurrency is regulated under the German Banking Act, bitcoin ATM operators need to be authorized by BaFin. The regulator recently clarified what crypto service providers must do to continue their services. Also read: 40 Banks in Germany Declare … Read more