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Nigeria Threatens Crypto Knockout: P2P Ban Looms In Fintech Feud
Nigeria’s once-tepid stance on cryptocurrency has taken a sharp turn towards prohibition. The Nigerian government, citing concerns over Naira manipulation, is proposing a ban on P2P (Peer-to-Peer) trading platforms that utilize the local currency. дальше »
2024-5-8 17:00 | |
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Nigeria to Ban P2P Crypto Trades Amid Economic Turmoil
The Nigerian SEC moves to ban P2P crypto trading to protect the naira.
The post Nigeria to Ban P2P Crypto Trades Amid Economic Turmoil appeared first on BeInCrypto.
дальше »2024-5-7 13:56 | |
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Nigeria plans to delist naira from all P2P crypto platforms
Nigeria aims to ban naira use on peer-to-peer (P2P) trading platforms. News comes after a meeting between the government represented by the Securities and Exchange Commission (SEC) and the blockchain community. дальше »
2024-5-7 13:21 | |
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Nigeria to ban person-to-person cryptocurrency trading to protect the naira
In a significant regulatory shift, Nigeria has announced plans to prohibit person-to-person (P2P) cryptocurrency trading in the Nigerian naira, aiming to safeguard its local currency from further depreciation and market manipulation. дальше »
2024-5-7 12:55 | |
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Is Global Turmoil The Secret Weapon For Bitcoin? Michael Saylor Thinks So
As global geopolitical tensions escalate, the cryptocurrency market finds itself in a precarious position, with Bitcoin, the flagship digital asset, facing a significant test of its resilience. Related Reading: Thailand Throws Jab At Crypto With P2P Purchase Ban – Details MicroStrategy co-founder Michael Saylor’s recent remarks on the potential benefits of chaos for Bitcoin have […] дальше »
2024-4-14 14:00 | |
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Despite CBN ban, Nigeria’s Bitcoin P2P trades rose by 16%
Last year, the Nigerian Central bank prohibited banks from facilitating crypto transactions citing the need to protect the economy and investors. The post Despite CBN ban, Nigeria’s Bitcoin P2P trades rose by 16% appeared first on CryptoSlate. дальше »
2022-2-8 09:00 | |
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Analysts at Russian government call for crypto exchangers ban
The analytical center under the Government of Russia studied the work of cryptocurrency exchangers and came to the conclusion that their services are mainly used by scammers and criminals. Analysts call for the blockage of the web pages of P2P exchanges in Russia. дальше »
2021-3-7 13:40 | |
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Binance Launches Express Mode, Adds Nigerian Naira for P2P Trading
Nigeria is the second-largest peer-to-peer (P2P) cryptocurrency market in the world. The country suffered a huge blow on Feb. 5 when its apex bank released a circular issuing a ban on cryptocurrency trading. дальше »
2021-2-12 17:13 | |
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Nigerian Bitcoin Traders Flock to P2P Exchanges Following Ban
Nigerian bitcoin (BTC) traders have vowed to continue plying their trade on peer-to-peer (P2P) exchanges and other alternative channels in the wake of the blanket ban on digital currencies by the country’s apex, the Central Bank of Nigeria (CBN). дальше »
2021-2-11 21:00 | |
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Bitcoin ‘Can’t Be Stopped’: Nigerians Look to P2P Exchanges After Crypto Ban
Some Nigerians plan to continue using bitcoin (BTC) and other cryptocurrencies despite a directive issued by the Central Bank of Nigeria (CBN) last week ordering banks to close down accounts associated with cryptocurrencies. дальше »
2021-2-10 22:34 | |
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India: Binance's CZ recognizes P2P market potential as RBI still hesitates
India managed to clear one of the many hurdles towards crypto-adoption in the country following the Supreme Court of India striking down the banking ban. Soon after the development, not only did many The post India: Binance's CZ recognizes P2P market potential as RBI still hesitates appeared first on AMBCrypto. дальше »
2020-5-5 11:00 | |
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India: Bitcoin's $870,000 weekly P2P volume sets stage for crypto-resurgence
On 4 March, the Supreme Court of India ruled that the ban imposed by the country's central bank, the Reserve Bank of India [RBI], on banks working with cryptocurrency service providers was "unconstituThe post India: Bitcoin's $870,000 weekly P2P volume sets stage for crypto-resurgence appeared first on AMBCrypto. дальше »
2020-3-5 17:30 | |
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China-based Crypto P2P Lender Raises $21 in Four Hours of Its RRB Tokens
Chinese crypto-based Peer-to-Peer lending startup, RenrenBit, has reportedly raised $21 million from a token sale. The platform, selling each dollar-pegged, Tether-issued token for $1, only needed four hours to complete the sale. дальше »
2019-7-24 19:06 | |
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Bisq DEX Records Highest Ever Bitcoin Transaction Volume Due To LocalBitcoins Banning Cash Trading
Bisq is seeing its volume increasing a lot recently. The company, which is a P2P Bitcoin (BTC) trading network, is getting a lot of new users after Localbitcoins, the largest P2P BTC trading platform in the world, decided to ban cash. дальше »
2019-6-28 00:00 | |
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LocalBitcoins Denies Service to Iranian Users
The popular peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users. LocalBitcoins’ website offers a variety of pages for users of different nations and, as of May 24, 2019, the Iranian page displays a message that “LocalBitcoins is currently not available in your selected region,” in English only. дальше »
2019-5-25 20:14 | |
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China Bitcoin Ban: Lawyer Says Occasional BTC P2P Exchange Is Legal
A member of the Bank of China Law Research Association says sporadic bitcoin (BTC) trading isn’t illegal in the country despite the trading ban enacted in 2017. This new revelation by cnLedger, a cryptocurrency news source that focuses on China, begs the question of what Chinese law enforcement and regulators would deem “occasional BTC trading. дальше »
2019-5-23 12:00 | |
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India is Preparing a ‘Banning of Cryptocurrencies’ Bill
Bitcoin stakeholders in India are decrying the decision by the country’s central bank to exclude cryptocurrency-related businesses in its recently released regulatory sandbox for fintech firms. Meanwhile, reports have emerged that the government is looking to ban cryptocurrencies entirely. дальше »
2019-4-26 12:00 | |
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Indian Crypto Exchange Wazirx Taking Auto-Matching P2P Services Global
Cryptocurrency exchange Wazirx is expanding globally. “While India has a banking ban,” the CEO of the exchange told news. Bitcoin. com, “we realized there’s banking trouble in a lot more countries. дальше »
2019-3-11 14:25 | |
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Cryptogem Global Defies Zimbabwe’s Central Bank with New P2P Bitcoin Exchange
Cryptogem Global, a new peer-to-peer bitcoin (BTC) exchange, has opened in Harare in defiance of the Reserve Bank of Zimbabwe’s ban on cryptocurrencies. The decentralized platform allows Zimbabweans to buy and sell BTC without the need for intermediaries such as legacy financial institutions. дальше »
2018-11-8 18:25 | |
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Indian Cryptocurrency Exchanges See Rapid Growth in P2P Trading
Trading volumes on exchange-escrowed peer-to-peer (P2P) cryptocurrency trading platforms in India are rising rapidly amid the banking ban by the country’s central bank. “Indians are warming up to P2P in amazing ways,” the CEO of a local crypto exchange told news. дальше »
2018-10-21 02:05 | |
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Growing Number of Indian Crypto Exchanges Say Fiat Support Is Back Despite RBI Ban
A growing number of crypto exchanges in India have announced the return of fiat deposit and withdrawal support despite the crypto banking ban imposed by the country’s central bank. Several other exchanges in the country also allow their users to use Indian rupees to buy and cash out cryptocurrencies through their exchange-escrow peer-to-peer (P2P) services. дальше »
2018-9-17 23:28 | |
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RBI Losing Sleep Over Negative Consequences of Cryptocurrency Ban
The Reserve Bank of India (RBI), the country’s central bank, is reportedly losing sleep over the unconsidered consequences of its cryptocurrency crackdown. Reports from the country indicate that the virtual currency market has mostly adapted to the environment created by the RBI ban with a shift towards peer-to-peer (P2P) platforms and crypto/crypto trading pairs. дальше »
2018-8-30 23:26 | |
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Huge Demand for ‘P2P’ Crypto Trading Seen in India After RBI Ban
Exchange-escrowed trading directly between cryptocurrency buyers and sellers is growing in popularity in India following the crypto banking ban imposed by the country’s central bank. One local exchange, in particular, is seeing “tremendous” response from Indian traders for this service as “tens of thousands of new users have signed up” in a month. дальше »
2018-8-10 23:25 | |
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Supreme Court’s Decision on RBI’s Restrictions May Push Crypto Industry Towards a P2P Model
India’s top court just dealt a major blow to the cryptocurrency industry in the country. The nation’s crypto community was stunned when the Supreme Court refused to overturn the Reserve Bank of India’s (RBI) ban, which barred all financial institutions it regulates from dealing with cryptocurrencies. дальше »
2018-7-5 16:09 | |
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India Bitcoin Bank Ban in Effect July 5 After Supreme Court Decision
India’s Supreme Court has refused to extend a grace period allowing cryptocurrency entities to keep banking services beyond this week’s deadline set by the central bank. Exchanges Go P2P According to various media outlets, the Reserve Bank of India (RBI) will now succeed in implementing its ban on cryptocurrency business support on July 5. дальше »
2018-7-3 16:00 | |
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Indian crypto exchanges bypassing RBI ban and starting P2P trading services.
Two Indian exchanges have announced that they are launching P2P crypto trading services which will allow traders to buy and sell crypto legally even after the central bank’s ban. Japan Confirms Entrance Into the Crypto Space Wazirx’s P2P Service With the banking ban by the central bank set to take effect on July 5, Indian дальше »
2018-7-2 18:05 | |
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Indian Crypto Exchanges Launching P2P Trading Services – Bypassing RBI Ban
With the impending banking ban by the Reserve Bank of India, cryptocurrency exchanges in the country are scrambling to find banking alternatives. Two Indian exchanges have announced that they are launching P2P crypto trading services which will allow traders to buy and sell crypto legally even after the central bank’s ban. дальше »
2018-7-2 16:20 | |
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