P2P – DIGIT INFO

Indian central bank-backed NPCI begins blockchain recruitment

Singapore, Malaysia, the UAE, France, Benelux countries, Nepal and the U.K. have adopted the NPCI’s UPI payments system to varying degrees.

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Binance P2P removes sanctioned Russian banks from payments list

The crypto exchange removed its “yellow” and “green” codewords from its list of payment methods, which previously referred to sanctioned Russian banks.

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Crypto P2P scams in India show digital asset education is needed

Scammers have made it impossible for Indian crypto traders to conduct P2P trades owing to several police complaints and bank account freezes that follow.

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Belarus wants to ban P2P cryptocurrency transactions

Belarus’ Ministry of Foreign Affairs cited a high crypto crime rate for banning all citizens from exchanging Bitcoin between each other.

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Tether signs MoU with Georgia to develop Bitcoin P2P infrastructure

The collaboration intends to bring changes to public administration and the business sector.

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Bitfinex launches P2P trading platform in Venezuela, Argentina and Colombia

The launch announcement followed expansion moves by Bitfinex into El Salvador and Chile through licensing and partnerships, respectively.

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Money stored on mobile payment apps may not be FDIC insured, US watchdog warns

Deposits on mobile payment apps may not be insured by the FDIC, and customers may not know whether their money is insured or not.

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Paxful restarts marketplace operations for the first time since April

Amid the suspended service, Ray Youssef said he had made his “final act” as CEO after helping unfreeze 88% of certain users’ accounts.

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Zimbabwe’s De-Dollarization: Central Bank to Issue Gold-Backed Digital Currency in Early May

Zimbabwe De-Dollarization: Central Bank to Issue Gold-Backed Digital Currency in Early May

The Reserve Bank of Zimbabwe (RBZ) has said it will start issuing gold-backed digital tokens on May 8. The first phase of the launch will see the digital tokens being issued for “investment purposes with a vesting period of 180 days.” The RBZ also revealed that the gold-backed digital tokens “would be used both as […]

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Paxful CEO announces 88% of accounts unfrozen, $4.4M in funds remaining

“I gave up my title as CEO to unfreeze these accounts and am also in danger of being in contempt of court,” said Ray Youssef.

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