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. Go to Source
P2P
Auto Added by WPeMatico
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. Go to Source
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. Go to Source Powered by WPeMatico
Tether signs MoU with Georgia to develop Bitcoin P2P infrastructure
The collaboration intends to bring changes to public administration and the business sector. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
Zimbabwe’s 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 … Read more
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. Go to Source Powered by WPeMatico
Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape
Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives. Go to Source Powered by WPeMatico
