LocalBitcoins Bans Cash Payment; LocalEthereum Reduces Cash Fee to Zero in Response

LocalBitcoins Bans Cash Payment; LocalEthereum Reduces Cash Fee to Zero in Response

Over The Counter

2019-6-3 20:00

LocalBitcoins is the largest globally run OTC service for buying Bitcoin online through an escrow mechanism and recently, the operator has decided to ban cash payments amid regulatory worries regarding cryptocurrency transmission.

In an attempt to capitalize on this, LocalEthereum reduced cash fees to zero, June 1, 2019. Is LocalBitcoins OTC Dominance Over? Most LocalBitcoinsRead MoreRead More. The post by Ashwath Balakrishnan appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

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Источник: btcmanager.com

cash localbitcoins → Результатов: 20

There’s no point for LocalBitcoins without cash trades, says Litecoin creator Charlie Lee

LocalBitcoins, one of the most popular peer-to-peer cryptocurrency platform in the world, has been in the negative limelight of the cryptocurrency space for quite some time. The platform was first criticized earlier this year for introducing KYC/ AML and later for removing cash trading option, the reason cited being regulatory compliance.

2019-6-14 03:30	News
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LocalBitcoins Removes In-Person Cash Trades without Prior Notification

Coinspeaker LocalBitcoins Removes In-Person Cash Trades without Prior NotificationPopular peer-to-peer platform LocalBitcoins reportedly removed the option that enables users to buy or sell cryptocurrencies in person for cash.

2019-6-3 18:25	monero
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LocalEthereum Woos LocalBitcoins Traders After Platform Reportedly Bans Cash Trading

Finnish P2P bitcoin (BTC) trading platform LocalBitcoins has kept silent after users reported it had removed cash trading from its service

2019-6-3 14:04	EU
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LocalBitcoins Removes Cash-for-Crypto Trading Option

P2P crypto trading platform LocalBitcoins has reportedly removed an option allowing users to buy or sell cryptocurrencies in person for cash.

2019-6-3 12:17	localbitcoins
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LocalBitcoins Bans Cash Transactions, Ethereum Alternative Arises

Reports are emerging that P2P exchange LocalBitcoins has removed the in-person cash trades option, and users are states that… The post LocalBitcoins Bans Cash Transactions, Ethereum Alternative Arises appeared first on Invest In Blockchain.

2019-6-3 09:30
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Bisq DEX Exchange Review 2019 – The Best LocalBitcoins Alternative

Bisq was formerly known as Bitsquare and this is an updated review of our initial article on Bitsquare. Bisq has come a long way to become perhaps the only absolutely decentralized exchange in the crypto world.

2019-6-3 03:45	Exchanges
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Top 4 LocalBitcoins Alternatives in 2019

Ever since LocalBitcoins confirmed it would not support cash transactions any longer, cryptocurrency users have begun looking for viable alternatives. There are quite a few of those to take note of, albeit LocalBitcoins is clearly the market leader in many different ways.

2019-6-2 20:00
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Localbitcoins Removes In-Person Cash Trades Forcing Traders to Look Elsewhere

On June 1, cryptocurrency enthusiasts were shocked to hear that the peer-to-peer exchange Localbitcoins has ceased offering in-person cash trades. According to a few users, all pending fiat trades have been canceled, leaving local traders who prefer cash high and dry and forced to seek other avenues.

2019-6-2 18:10
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LocalEthereum temporarily removes fees to buy or sell Ethereum via cash

Bitcoins and other cryptocurrencies, although revolutionizing payments, are yet to find haven in some countries like India, China, and Iran, among others, due to non-existent regulatory clarity. Recently, LocalBitcoins.

2019-6-2 13:30	News
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LocalBitcoins Removes Option to pay for BTC in Cash

Not a day goes by in the Bitcoin world without some rather interesting developments to keep an eye on. While not all changes will be embraced with open arms, it seems some of these differences can be beneficial.

2019-6-2 12:00	localbitcoins
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Man Sentenced for Illegal Money Transmission Services on LocalBitcoins

U. S. citizen Morgan Rockcoons has been sentenced to fines and prison time for running unlicensed money exchange services on LocalBitcoins. Advertising himself on the peer-to-peer bitcoin trading network, Rockcoons made more than 1,000 transactions with hundreds of different users.

2019-6-1 18:55	Law & justice
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies

On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies.

2019-5-11 21:34	Op-ed
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Report: North Korea May Exploit Southeast Asia’s Crypto Exchanges

North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.

2019-4-25 17:04	Regulation
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“Мобильный Localbitcoins” внедряет Ripple

На мобильной криптоплощадке Totalcoin появится поддержка Ripple. Платформа официально анонсировала внедрение Ripple кошельков вдобавок к уже имеющимся Bitcoin, Ethereum, Litecoin и Dash кошелькам.

2019-3-29 10:22
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Canadian Federal Tax Agency Targets Bitcoin Investors

The Canada Revenue Agency (CRA) has apparently been specifically targeting bitcoin and crypto investors as part of its broader tax strategy to keep tabs on their cryptocurrency investments, including how they purchase these assets.

2019-3-9 23:53	Regulation
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European P2P Trade Posts Strongest Activity Since March 2018

In recent peer-to-peer (P2P) market action, Latin American Localbitcoins trade has continued to show strength after producing record volume last month. In other news, P2P trade between the euro (EUR) and BTC has posted its strongest volume in 10 months.

2019-1-31 15:43	Venezuela
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BitValve ICO

In BitValve, we will create the most advanced P2P Exchange platform, direct competitor of Localbitcoins and Paxful, with key advantages that will change the way people trade Peer to Peer, by combining all the advantages of the current exchanges and addressing the disadvantages that keep the market from reaching its full potential.

2018-11-26 14:22
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Another US Bitcoin Trader Faces Prison for Illegal Money Transmission

This week in Southern California a Los Angeles woman who called herself the ‘Bitcoin Maven’ will be sentenced this Monday after pleading guilty for illegal money transmission. According to law enforcement, the woman made close to $300,000 USD annually by selling BTC on the peer-to-peer exchange Localbitcoins.

2018-6-12 01:20
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Are Over the Counter Crypto Trading Desks to Blame for the Declining Value of Bitcoin (BTC)?

Any observant crypto trader and/or analyst can easily identify September 5th as the date the crypto markets turned for the worst after the fake news that Goldman Sachs had abandoned plans for a crypto trading desk.

Binance Opens an Over The Counter (OTC) Trading Desk

Earlier yesterday, the team at Binance announced that they had opened an Over-the-Counter (OTC) trading desk to provide additional liquidity for their high-volume users. The tweet making the announcement also referenced the recently concluded Binance blockchain event in Singapore that ran from the 19th to the 22nd of this month.

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