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” LocalBitcoins closes down the P2P crypto exchange service “ Finland-based peer-to-peer (P2P) cryptocurrency platform LocalBitcoins is shutting down operations after serving its customers for more than 10 years. LocalBitcoins officially announced termination of services on Feb. 9, citing tough market conditions of the ongoing cryptocurrency winter. “Regardless of our efforts to overcome challenges during…
“# Cuba’s exploding crypto interest comes amid an absence of regulation ” Cuba is seeing an influx of cryptocurrency activity amid an apparent absence of related regulation in the country, according to senior executives at local crypto firms. In early November, Cuba recorded a major spike in Bitcoin (BTC)-related Google queries, indicating an increase in…
“# Google searches for Bitcoin are on the rise in Cuba ” Cuba is apparently seeing an influx of Bitcoin (BTC)-related activity as Bitcoin interest is on the rise in the country. According to data from Google Trends, Cuba now ranks second in terms of Bitcoin interest over the past 30 days. The island nation…
“# Traders on Paxful sell $16.2M of Bitcoin for discounted gift cards each week ” A report published by Arcane Research has revealed that nearly half of Paxful’s trade volume comes from trade between Bitcoin (BTC) and gift cards. The report found that, “purchasing Bitcoin with gift cards has been the preferred solution on Paxful…
“# Major P2P crypto platform LocalBitcoins is blocked in Russia ” LocalBitcoins, a major peer-to-peer cryptocurrency exchange, is no longer available in Russia without using additional tools like a VPN. LocalBitcoins.net is officially blacklisted in Russia as local telecom regulator Roskomnadzor placed the URL on a register of platforms disseminating prohibited information. According to official…