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Venezuelans Selling Petro on LocalBitcoins at Half the Official Price

News Venezuelans are reportedly selling the state-launched Petro (PTR) cryptocurrency that was airdropped to them recently. Though the government claims to have fixed the value of one PTR at $60, the market price on LocalBitcoins is reported to be only half of that. According to a Reddit thread, V..

Bitcoin Is Becoming More Valuable to Iranians Amid Tensions With US

Analysis Earlier this week, the world’s flagship crypto asset saw its value surge from around the $8,000 mark to just over $8,430 within an hour’s time. This latest price action came after the Iranian government decided to launch a missile attack on an Iraqi military base housing American troops. ..

Venezuela, Argentina Set New Weekly P2P Bitcoin Trading Volume Records

News Bitcoin (BTC) weekly trading volumes on peer-to-peer (P2P) trading platform LocalBitcoins in Venezuela and Argentina have hit new all-time highs in their respective national currencies. Cryptocurrency data website CoinDance shows that LocalBitcoins trading volume in local fiat currency in Arg..

LocalBitcoins Receives Finnish FSA Virtual Currency Provider License

News The Finnish Financial Services Authority (FIN-FSA) has officially registered LocalBitcoins as a virtual currency provider, starting at the beginning of November 2019. Finland only allows officially registered providers who fulfill the legal requirements to operate in the country. A safe pair ..

Argentina Sets New Trading Record After Central Bank Bans Bitcoin Buys

News Bitcoin (BTC) trading set new records in two of its most keenly watched South American markets last week, new data has revealed. As monitoring resource Coin Dance confirmed on Nov. 10, the seven days ending Saturday saw more trading against BTC than ever before in both Venezuela and Argentina..

Bitcoin Trading Spikes as Argentina Bans Buying More Than $200 a Month

News Argentina is back on the radar for Bitcoin (BTC) proponents after sudden capital controls cut U.S. dollar purchasing power by 98%. Central bank: $200 limit “temporary”As news outlets reported, including Cointelegraph Brasil on Oct. 28, the country’s central bank has opted to reduce the amount..

Non-Seizability of Bitcoin Very Attractive for Hong Kong: Pompliano

News Bitcoin’s (BTC) use as a protector of wealth is coming to the fore in Hong Kong as trading volumes spike and businesses iron out problems with acceptance. Trading record underscores Bitcoin’s “non-seizability”As multiple commentators including Morgan Creek Digital co-founder Anthony Pompliano..

Bitcoin Trading Boon in Hong Kong as Protests Continue

Bitcoin is a speculative asset to many, but it’s also a new money that offers certain unique guarantees, not least among them censorship-resistance. That reality may explain why LocalBitcoins trading volume just reached all-time highs in Hong Kong, where pro-Democracy protesters have marched by the..

Venezuela: New Bitcoin Trading Record as Biggest Bank Embraces Petro

News Venezuela’s largest bank, Bank of Venezuela (BDV), has added support for the country’s controversial Petro digital currency. Bank of Venezuela hints at crypto walletAs cryptocurrency news outlet Decrypt reports on Sept. 13, BDV clients have discovered a new section in their online banking ac..

LocalBitcoins: Tor Browser Users at Risk of Losing Their Bitcoins

News Finnish peer-to-peer crypto exchange LocalBitcoins has warned users about alleged security risks associated with anonymous browser Tor Browser. On Sept. 9, transactional compliance expert Richard Bensberg tweeted a screenshot of a LocalBitcoins banner warning Tor users about the risk of losin..

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