Latin American P2P Bitcoin Markets Defy Global Trend to Set New Records

The Latin American peer-to-peer (P2P) cryptocurrency markets have a seen a significant spike heading into 2019, with the Colombian, Peruvian, and Venezuelan Localbitcoins markets posting record volume when measuring in both fiat and BTC. The Argentinian, Dominican, and Mexican markets also posted record volume for P2P trade in recent weeks. Also Read: 9 Cryptocurrency Firms Sue Washington … Read more

Bitcoin Trader Faces Five Years in US Jail for Unlicensed Money Transmitting Business

Bitcoin trader Jacob Burrell-Campos pleaded guilty this week in a U.S. federal court to operating an unlicensed money transmitting business. The 21-year-old San Diego native is now awaiting sentencing and faces a maximum of five years in jail. Also Read: How to Easily Give BCH as Gifts in Halloween Trick-or-Treat Packages ‘Serious Threat’ to US … Read more

Bitcoin Cash Association to Fund Eatbch Charity in $1,000 BCH per Month

On Oct. 24, the community-driven Bitcoin Cash Association announced a new initiative where $1,000 worth of bitcoin cash will be sent to the two Eatbch campaigns in Venezuela and South Sudan every month. According to the nonprofit, the $1,000 will be divided between both organizations in order to help the Eatbch crew provide a solid … Read more

Mexico Publishes Crypto Rules, Puts Central Bank in Charge

The government of Mexico has published provisions regarding cryptocurrency. The Bank of Mexico will decide which cryptocurrencies are legal and fintech companies must gain approval from the central bank to operate in the crypto space. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Fintech Law Applies to Crypto The Mexican government published … Read more

Canadian and European Bitcoin P2P Markets Set Record Trading Volume

Localbitcoins trading volume has witnessed volume spikes across miscellaneous markets in recent weeks, with global volume bouncing to $75 million USD this past week. The Canadian and European markets both produced record volume this past week – after both markets produced seemingly anomalous spikes in trading activity. Also Read:Capitalization of Cryptocurrency Markets Loses 59% in … Read more