Local Banks to Soon Introduce Unique Blockchain Platform

The vice president of Brazil’s biggest bank, Bradesco, revealed that major local banks will introduce a unique blockchain platform on June 12, Cointelegraph Brazil reports on June 11. Bradesco VP Mauricio Minas has delivered a speech devoted to the role of blockchain in the global financial system, speaking at major Latin American banking and fintech event CIAB Febraban on June 11. The Bradesco VP unveiled the plans of local banking institutions to soon adopt an unnamed blockchain-powered solution, adding that a number of Brazilian banks have been developing applications using…

Local BCH Venue Opens and Community Goal Nears in the Weekly Update From Bitcoin.com

A new local bitcoin cash venue opens for trading worldwide and the community is nearing a funding goal milestone for BCH developers. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel. Also Read: Why Bitpay Is Really Charging More for BTC Transactions Local BCH Venue Opens as Localbitcoins Removes In-Person Cash Trades This week’s show discuses the successful opening of Local.Bitcoin.com, a privacy-focused peer to peer global marketplace for trading bitcoin cash (BCH). Over 11,000 people have signed up to the service and already…

LocalBitcoin Loses Traders After Cash Trading Ban: ‘Not Very Local’

On June 1, Finnish peer-to-peer (p2p) bitcoin (BTC) trading platform LocalBitcoins quietly removed in-person cash trading from its service. Three days later, the company publicly confirmed the ban on Twitter. As per the accompanying statement, LocalBitcoins had to renounce local cash trading to “adapt to the current regulatory environment.” The removal of the option has angered users, who seemingly began looking for decentralized platforms with more room for anonymity. However, as the Wild West-like unregulated days of crypto might be coming to an end, the more p2p services might have…

LocalBitcoin Loses Traders After Cash Trading Ban: ‘Not Very Local’

On June 1, Finnish peer-to-peer (p2p) bitcoin (BTC) trading platform LocalBitcoins quietly removed in-person cash trading from its service. Three days later, the company publicly confirmed the ban on Twitter. As per the accompanying statement, LocalBitcoins had to renounce local cash trading to “adapt to the current regulatory environment.” The removal of the option has angered users, who seemingly began looking for decentralized platforms with more room for anonymity. However, as the Wild West-like unregulated days of crypto might be coming to an end, the more p2p services might have…

LocalBitcoins Confirms Removal of Local Cash Trades

Global peer-to-peer (P2P) crypto exchange LocalBitcoins has officially confirmed the removal of trading in local fiat currencies, the firm announced in a tweet on June 4. As previously reported, the Finland-based exchange silently removed cash trading on June 1, which immediately caused some outrage in crypto community. In the official statement, LocalBitcoins noted that its liabilities are determined by the Act on Detecting and Preventing Money Laundering and Terrorist Financing, which requires the exchange to follow certain sanctions. LocalBitcoins wrote: “In order to adapt to the current regulatory environment, we…

Bitcoin.com’s Local Bitcoin Cash Marketplace Is Now Open for Trading

The highly anticipated Local.Bitcoin.com is now available to the general public. As of right now, anyone in the world can use the service to trade bitcoin cash (BCH) securely. Since pre-launch signups were announced last month, thousands of traders have created accounts and there are over 2,200 active offers ready to go. Also read: Creating Your Own SLP-Based Token Using Memo Local.Bitcoin.com: Prepare to Trade Bitcoin Cash Peer-to-Peer The Bitcoin.com team has been busy preparing for the launch of our private, peer-to-peer trading platform for the BCH community called Local.Bitcoin.com.…

Bitcoin.com’s Local Bitcoin Cash Marketplace Is Now Open for Trading

The highly anticipated Local.Bitcoin.com is now available to the general public. As of right now, anyone in the world can use the service to trade bitcoin cash (BCH) securely. Since pre-launch signups were announced last month, thousands of traders have created accounts and there are over 2,200 active offers ready to go. Also read: Creating Your Own SLP-Based Token Using Memo Local.Bitcoin.com: Prepare to Trade Bitcoin Cash Peer-to-Peer The Bitcoin.com team has been busy preparing for the launch of our private, peer-to-peer trading platform for the BCH community called Local.Bitcoin.com.…

Bitcoin Starting to Show Signs Of Local Peak, Crypto Collapse Inbound

Bitcoin (BTC) may have tapped $9,100 on Thursday, rallying by 5% within minutes, but analysts are starting to fear that the crypto market is cooling… rapidly. The cryptocurrency is now down by 5% in the past 24 hours, finding itself at $8,250 after bouncing off $8,000 in a characteristic bout of volatility. This, in the eyes of countless traders, lends to the conclusion that Bitcoin is peaking in the short-term, and may be poised to collapse. Bitcoin May Be Topping Out Last week, Bitcoin Bravado’s lead analyst, Jack, suggested that…

Bitcoin.com’s Local Bitcoin Cash Marketplace Gathers Thousands of Pre-Launch Signups

On June 4, Bitcoin.com is gearing up to launch our peer-to-peer trading platform Local.Bitcoin.com. After the exchange was announced, the public were invited to create their accounts and place orders. So far the exchange has seen a huge swarm of interest, with over 4,500 signups to date. Also read: Bitcoin.com Celebrates 4 Million Wallets Created Local.Bitcoin.com Pre Launch Accounts Surpass 4,500 The development team behind Bitcoin.com’s Local.Bitcoin.com exchange has been very busy getting ready for the platform’s grand opening. In about a week’s time, on June 4, the peer-to-peer trading…

Bitcoin.com’s Local Bitcoin Cash Marketplace Gathers Thousands of Pre-Launch Signups

On June 4, Bitcoin.com is gearing up to launch our peer-to-peer trading platform Local.Bitcoin.com. After the exchange was announced, the public were invited to create their accounts and place orders. So far the exchange has seen a huge swarm of interest, with over 4,500 signups to date. Also read: Bitcoin.com Celebrates 4 Million Wallets Created Local.Bitcoin.com Pre Launch Accounts Surpass 4,500 The development team behind Bitcoin.com’s Local.Bitcoin.com exchange has been very busy getting ready for the platform’s grand opening. In about a week’s time, on June 4, the peer-to-peer trading…