Tag: Localbitcoins

Localbitcoins to Introduce New User Verification Rules

Localbitcoins to Introduce New User Verification Rules Peer-to-peer crypto exchange Localbitcoins is preparing to implement updated requirements for the identity verification of its users. The company recently revealed it’s cooperating with regulatory agencies in Finland on the implementation of the latest EU anti-money laundering rules. Also read: 3 Technical Proposals […]

The Daily: Crypto Wallet Raises $15 Million, Localbitcoins Suffers Vulnerability

The Daily: Crypto Wallet Raises Million, Localbitcoins Suffers Vulnerability In today’s edition of The Daily we feature another recent example of venture capital infusion into the cryptocurrency space as Japan’s SBI invests in the BRD wallet. We also cover a recent security vulnerability that was detected on the P2P exchange […]

U.S. Man Faces up to 5 Years in Prison for ‘Unlicensed’ Bitcoin Sales via LocalBitcoins

U.S. Man Faces up to 5 Years in Prison for ‘Unlicensed’ Bitcoin Sales via LocalBitcoins An American man has pled guilty to operating an unlicensed money transmitting business, having sold hundreds of thousands of dollars worth of Bitcoin on LocalBitcoins.com Cointelegraph.com News

P2P Markets Report: BTC Posts Record Low for Localbitcoins Trade Volume

P2P Markets Report: BTC Posts Record Low for Localbitcoins Trade Volume According to Coin.dance, the first week of September has comprised the weakest on record for global peer-to-peer (P2P) trade volume on Localbitcoins. The considerable lull in trading activity appears to have pervaded across the vast majority of Localbitcoins markets, […]

UK Banks Freeze Company’s Accounts After Owner Traded on Localbitcoins

UK Banks Freeze Company’s Accounts After Owner Traded on Localbitcoins The owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within hours of transacting on peer-to-peer cryptocurrency trading platform, Locabitcoins. Also Read: P2P Exchange Options Increasing for Crypto Traders in India HSBC […]