Peer-to-peer Bitcoin trading platform Localbitcoins is causing controversy on social media after users complained about surprise anti-money laundering (AML) and know-your-customer (KYC) measures. AML/KYC: First Advertisers, Now Everyone? A thread on the r/Bitcoin subreddit currently gaining significant exposure focuses on new obligations for Localbitcoins users wishing to advertise trades or who have “significant” trade volumes. While the platform has not released official material regarding updates to its regulatory compliance policy, it now appears that depending
Tag Archive: P2P trading
Bitcoin, Bitcoin Businesses, Bitcoin Regulation, News, News teaser Bitcoin, Bitcoin Businesses, Bitcoin Exchange, Companies, Emerging Markets, News, News teaser
Well-known cryptocurrency traders have reacted with excitement to news decentralized cryptocurrency exchange Hodl Hodl has launched its public BETA. Hodl Hodl Sets Price Of Avoiding KYC At 0.6% The p2p platform, which offers traders decentralized exchange functionality for Bitcoin and Litecoin, announced its limited debut February 11. “For now, we are opened in BETA-mode until July of 2018, which means a lot of new features are coming soon, with the main functionality of the exchange
Bitcoin Exchange, News, News teaser
With Qvolta’s MVP already going live and the pre-ICO just a handful of days away, the latest peer-to-peer cryptocurrency-fiat exchange platform has generated a lot of buzz. We examine the improvements Qvolta offers on its competitors, and give you a one stop shop for all events related to it.
Bitcoin, Bitcoin Education, Bitcoin Exchange, Bitcoin Regulation, News, News teaser
Bitcoinist compiled a list of alternative platforms for p2p Bitcoin, altcoin and fiat trading that ensure safety, privacy, and freedom — something that’s often missing in centralized exchanges that typically hold the keys to your bitcoin. P2P TRADING & LOCALBITCOINS LocalBitcoins is a peer-to-peer exchange that offers trading services all around the world. While the platform itself is not decentralized, it allows users to exchange Bitcoin for national currencies directly between themselves. The exchange allows out-of-band payments for fiat
Bitcoin, Bitcoin Exchange, Bitcoin Regulation, Interviews, News, News teaser, Uncategorized
Bitcoinist spoke with Leon Liu, the CEO of BitKan, a Chinese P2P Bitcoin trading service, to get a better idea on the current situation following the recent regulatory clampdown on Bitcoin exchange withdrawals in the country. Bitcoinist: What kind of trading services does BitKan provide? Leon Liu (LL): BitKan provides P2P bitcoin trading services with broker match-making to save time for our users. During a trade, BitKan acts as an escrow service, guaranteeing funds delivery for
Altcoins, Bitcoin Businesses, Blockchain Technology, FinTech, Interviews, News, News teaser
Bitcoinist spoke with Kumar Gaurav, CEO of Cashaa, a blockchain-powered P2P marketplace that makes it possible to send and receive cash anywhere in the world with zero fees. Unfortunately, when it comes to remittances, the poorer the country, the higher the fees, says the CEO of Cashaa, a blockchain startup based in Canary Wharf, London. Too often, the poorest of citizens can lose up to 20% when receiving money from abroad with traditional services like Western Union.