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Bitcoin trader Jacob Burrell-Campos pleaded guilty this week in a U.S. federal court to operating an unlicensed money transmitting business. The 21-year-old San Diego native is now awaiting sentencing and faces a maximum of five years in jail. Also Read: How to Easily Give BCH as Gifts in Halloween Trick-or-Treat Packages ‘Serious Threat’ to US […]
The post Bitcoin Trader Faces Five Years in US Jail for Unlicensed Money Transmitting Business appeared first on Bitcoin News.
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Buying, selling, and trading cryptocurrencies can be done in many different ways. A lot of users rely on centralized exchanges, although there is a growing interest in P2P trading as well. LocalCoinSwap is trying to make a name for itself in this industry, but there are some questions as to how it differs from LocalBitcoins. […]
The post LocalCoinSwap vs LocalBitcoins appeared first on NullTX.
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Two stories stand out in our latest trawl of the deep web for news that filters through to the cryptosphere. One concerns the sentencing of Dream vendor “Oxymonster,” whose controversial prosecution on U.S. soil is part of a wider trend. We also take a look at Blocktag, a new tool for monitoring darknet sales. Also […]
The post Deep Web Roundup: 20 Years for ‘Oxymonster,’ New Darknet Monitoring Tool appeared first on Bitcoin News.
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Justin Wales and Arnaldo Rego, lawyers at Carlton Fields, have surveyed all 50 states in the US, looking for clarity on money transmitting laws as they relate to cryptocurrencies. As adoption and general usage increases, states appear to be failing to keep up, leaving many enthusiasts to wonder if they’re committing a crime. Also read: […]
The post Vague Laws Leave Crypto Users Confused in Almost Half of the US appeared first on Bitcoin News.
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Buying cryptocurrency in Russia these days increasingly means parting with fiat cash, be it Russian rubles or American dollars. According to numbers quoted by local media, the 24-hour market turnover, just in Moscow, reaches a staggering $50 million dollars on peak days. Some say the cash-crypto trade resembles the wild-wild-east street forex of the 90s, […]
The post Cash to Crypto Trade Blooming in Moscow, Reports Say appeared first on Bitcoin News.
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According to Coin.dance, the first week of September has comprised the weakest on record for global peer-to-peer (P2P) trade volume on Localbitcoins. The considerable lull in trading activity appears to have pervaded across the vast majority of Localbitcoins markets, with only half a dozen national markets posting volume that is comparable to the trading activity […]
The post P2P Markets Report: BTC Posts Record Low for Localbitcoins Trade Volume appeared first on Bitcoin News.
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Privacy preservation is one of cryptocurrency’s defining characteristics. Digital assets such as bitcoin provide a far higher degree of anonymity and surety than traditional online payment methods such as credit card or Paypal. There’s just one problem: buying bitcoin without disclosing your most intimate details isn’t easy. The following options, which don’t require KYC, are […]
The post How to Buy Bitcoin Without Disclosing Your Identity appeared first on Bitcoin News.
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If you already own bitcoin, this article’s not for you – though you’d probably have appreciated it when you were first starting out. This one goes out to anyone who’s yet to dip a toe into the world of cryptocurrency, but is seriously considering it. Over the course of this guide, you’ll discover the best […]
The post Where, What and How: Everything You Should Know About Buying Your First Cryptocurrency appeared first on Bitcoin News.
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The owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within hours of transacting on peer-to-peer cryptocurrency trading platform, Locabitcoins. Also Read: P2P Exchange Options Increasing for Crypto Traders in India HSBC and Barclays Freeze Accounts of 50cycles Scott Snaith, the owner of cryptocurrency mining electric bicycle […]
The post Banks Freeze Company’s Accounts After Owner Traded on Localbitcoins appeared first on Bitcoin News.
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Since the Reserve Bank of India (RBI), the country’s central bank, banned banks from providing services to cryptocurrency businesses, traders are increasingly trading on peer-to-peer (P2P) platforms. Local crypto exchanges have come up with a number of exchange-escrowed P2P solutions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Localbitcoins Trading volumes in both the […]
The post P2P Exchange Options Increasing for Crypto Traders in India appeared first on Bitcoin News.
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