LocalBitcoins Slowly Becomes The Global Go-to Cryptocurrency Exchange Platform
Unfortunately, these graphs are not improving Bitcoin adoption all that much. The emerging trend of Bitcoin adoption can be seen all over the world. LocalBitcoins volume set new records in nearly a dozen regions all over the world yet again. Consumers and investors flock to cryptocurrency as a safe haven asset, despite its volatility. An exciting future awaits for Bitcoin, even though the price has gone through a flash crash over the past few hours. Some regions will be more prone to Bitcoin disruption than others. Latin American countries, as well as African nations and Eastern Europe,....
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Peer-to-peer cryptocurrency marketplace Localbitcoins has announced the launch of a new mobile application for its global user base. The software is designed for devices running on Android. The app has been released in response to a growing number of mobile traders. P2P Crypto Market Localbitcoins Offers Users Android App Popular P2P crypto exchange Localbitcoins has presented a mobile application for traders around the world. The app has been developed for Android users and according to an announcement published on Monday, it has already seen thousands of downloads. Work continues to....
Note: this is a developing story. LocalBitcoins.com has discontinued service to New York State because of the state's BitLicense. LocalBitcoins.com joins BitFinex, Kraken and other cryptocurrency companies bolting New York on account of the law that prohibits the sale of bitcoin without a license. LocalBitcoins.com greets visitors with a popup window advising them to say whether or not they are New York state residents. The window provides a brief explanation of the regulation, 23 NYCRR 200, then asks them if they are a New York resident. Users then have to check a green-colored box saying....
The Roskomnador, Russia’s federal administrator of telecommunications and the internet has blocked access to prominent peer-to-peer bitcoin exchange platform LocalBitcoins. In a move that won’t come as a surprise to the cryptocurrency community, Russia’s telecom regulator has blocked access to popular over-the-counter and P2P bitcoin exchange platform LocalBitcoins. Roskomnadzor (Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications) has effectively blacklisted LocalBitcoins’ domain, rendering it inaccessible via Russian ISPs. A quick....
Localbitcoins saw a roughly 85 percent increase in global volume over the course of 2016, and the growth seen by this bitcoin trading platform was seen equally in both the developed and developing world—albeit for different reasons. While the need for increased privacy and the avoidance of Know Your Customer regulations is known to be the driving force....
Popular peer-to-peer bitcoin exchange platform LocalBitcoins has announced that it will halve its trading fee for all bitcoin trades done in the UK, starting today. In an effort to increase bitcoin buying in the UK following the Brexit vote which saw the sterling pound fall in its valuation, P2P bitcoin exchange LocalBitcoins will slash its fee for bitcoin trades among UK customers, this month. In a press communication with CCN, the Finland-based bitcoin exchange revealed its affinity to the UK, which it sees an important market. Founded in 2012, LocalBitcoins praised the UK market as the....