LocalBitcoins see steady trading volume in Russian Ruble following cash-trades exodus

2019-6-24 16:00

LocalBitcoins, the Finland-based peer to peer cryptocurrency exchange, announced earlier this month that trading in a country’s national fiat currency will be disallowed, leading many in the community to believe that countries not on the frontlines of the digital asset world would be hit the hardest.

Three weeks on, some defiant trends have been noticed. […]

The post LocalBitcoins see steady trading volume in Russian Ruble following cash-trades exodus appeared first on AMBCrypto.

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Venezuela Sets Bitcoin Trading Record With New Hyperinflated Banknotes

New currency reforms in Venezuela accompanied a decisive surge in Bitcoin trading this week, with informal markets setting new all-time highs. Bitcoin Boom As Central Bank Re-adds Zeros Data from monitoring resource Coin Dance reveals that in the seven days ending June 15, Venezuelans transacted over 46 billion sovereign bolivars (VES) on P2P Bitcoin exchange Localbitcoins.

2019-6-17 11:00


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


Bitcoin Trading Volume Skyrockets in Latin America, Value Hits ATH in Argentina

Weekly peer-to-peer trading volume in the Latin American bitcoin market has been rising steeply, according to data provided by LocalBitcoins. com. The over-the-counter bitcoin trading portal found that Argentina, Chile, Mexico, Columbia, Peru, and Venezuela are posting more offline trading activity than that reported on the global average scale.

2019-5-30 17:36


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Mexico Sets New Bitcoin Volume Record After Trump’s Remittance Threat

Bitcoin price remaining above $5000 resulted in new trading highs for several countries worldwide last week, the latest data shows. Mexico, Venezuela Post Record Localbitcoins Volumes According to monitoring resource Coin Dance, which tracks trading volumes on peer-to-peer exchange platforms Localbitcoins, Paxful and Bisq, certain markets continued to see spikes in Bitcoin activity.

2019-4-16 00:00


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Bitcoin Goes Mainstream As Miss Universe Receives Lightning Torch

Bitcoin adoption took a step in a new direction this weekend after a former Miss Universe contestant joined the Lightning Torch transaction relay. Rosa-Maria Ryyti HODLs Lightning Torch In what appears to be an unexpected choice, Jeremias Kangas, founder of P2P trading platform Localbitcoins, opted to pass the Torch outside the cryptocurrency community – to Miss Universe Finland 2015, Rosa-Maria Ryyti.

2019-4-9 00:00


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Bitcoin Price Surge Sees Venezuela Hit Record Localbitcoins Highs

Bitcoin price highs last week had serious knock-on effects for some markets, with traders worldwide setting several new records. South America’s Record Bitcoin Trading Data from monitoring resource Coin Dance, which tracks volumes on P2P Bitcoin exchanges Localbitcoins, Paxful and Bisq, confirmed South America in particular saw huge amounts of fiat currency change hands during the seven days ending April 6.

2019-4-8 13:00


Government 1:0 Anonymity – LocalBitcoins Has To Enforce AML Procedures… Is This the End of Anonymous Exchanging?

The days of anonymous Bitcoin (BTC) trading are fleeting as the cryptocurrency industry becomes legitimized and governments around the… The post Government 1:0 Anonymity – LocalBitcoins Has To Enforce AML Procedures… Is This the End of Anonymous Exchanging? appeared first on Invest In Blockchain.

2019-3-28 20:29


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Bitcoin Trading Plummets in Venezuela Blackout as Government Struggles to Pay Money Printers

Bitcoin use in Venezuela took a hit this week after a persisting electricity blackout appeared to limit the ability of users to transact.   Bitcoin Trades Drop 40 Percent That was the conclusion of some cryptocurrency commentators as data showed weekly trade volumes on P2P platform Localbitcoins fell by 40 percent in the week ending March 9.

2019-3-15 04:00


Here’s Why Colombia Is The Latest South American Country To Hit The Peak In Bitcoin Volume

Here’s Why Colombia Is The Latest South American Country To Hit The Peak In Bitcoin Volume Recently, we reported that after Venezuela, the trading volume in Indonesia has reached an all-time high (ATH) on the peer-to-peer platform, LocalBitcoins in response to the legal recognition of Bitcoin and digital assets as commodities. Bitcoin trading volume in […]

2019-2-20 19:52


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Indonesia Follows Venezuela With Giant Localbitcoins Bitcoin Trading Surge

Indonesia Bitcoin traders have fled cryptocurrency exchanges to Localbitcoins in the week the government enacted anti-money laundering regulations for the industry. Volume Up 300 Percent In A Week Data from Coin Dance, which tracks weekly Localbitcoins volumes in various markets, confirms a huge spike for the seven days ending February 16.

2019-2-18 13:00


LocalBitcoins Data Shows 23 Countries Hit All-Time High in Bitcoin Trading Volume at the Bottom of Bear Market

According to the latest analysis of the LocalBitcoins (LBC), a peer-to-peer Bitcoin trading platform, Bitcoin utility around the world is hitting new heights. The author Matt Ahlborg details that exclusive fiat-to-crypto platform, LBC is a costly one as trades on this platform occurs “at an average of 4.5% over the USD equivalent spot price globally.” […]

2019-2-13 01:35


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Venezuela Imposes Capital Controls on Bitcoin Remittance Amid Record Volume

Venezuela continues to reach new heights in terms of weekly Bitcoin trading volume. Meanwhile, the country’s government has issued new regulations that impose fees on Bitcoin remittance. 2,545 BTC: New Weekly Bitcoin Trading Record According to data from Coin Dance, Venezuelans traded 2,454 BTC via Localbitcoins (the P2P trading platform) for the week ending February 9, 2018.

2019-2-12 08:00