Peer-to-peer bitcoin trading platform LocalBitcoins removes in-person cash deals — what does that mean for the future of cash trades? 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, […]
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sponsored A crypto exchange offers conversions from seven fiat currencies to reach a global audience. One of the world’s biggest crypto exchanges by trading volume believes digital currencies can provide financial freedom to consumers in countries where instability and inflation are making fiat payments impractical. In the world of digital technology dominance, traditional global financial […]
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Facebook’s payment-focused cryptocurrency Globalcoin could face demographic challenges, according to recent research by crypto analysis firm Diar. Facebook’s payment-focused cryptocurrency Globalcoin will face demographic challenges, according to recent research by cryptocurrency analysis firm Diar published on May 28. Facebook’s native cryptocurrency — which will purportedly seek to disrupt or bypass banking networks in order to […]
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Social media giant Facebook plans to launch its own payments-focused cryptocurrency “Globalcoin” in 2020. Social media giant Facebook plans to launch its own payments-focused cryptocurrency “Globalcoin” in 2020, according to a BBC news report published on May 24. The BBC reports that tests for the forthcoming digital currency are planned to take place by the […]
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Dubai-based financial consultancy firm deVere Group underscores the “justified international surge in crypto-optimism” in a new survey. 68% of global high-net-worth individuals have already invested or are planning to invest in crypto by the end of 2022, according to a survey by Dubai-based financial consultancy firm deVere Group released on May 3. DeVere group has […]
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United Kingdom-based cryptocurrency payment processor Wirex partnered with Stellar and will launch 26 stablecoin on its chain. United Kingdom-based cryptocurrency payment processor Wirex partnered with Stellar (XLM), the company announced in a press release on their website on April 24. Wirex is a company licensed by the U.K. Financial Conduct Authority (FCA) that allows crypto […]
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sponsored An established fintech platform with millions of users is creating a marketplace in which workers can be paid fairly in crypto for completing microtasks. An established mobile fintech platform with more than 5 million users across 200 countries is launching a decentralized ecommerce ecosystem designed to help anyone with a smartphone make a living, […]
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Learn more about the particular cases when using cryptocurrencies is much more efficient than paying with cash or credit cards. Sounds too good to be true. Any risks or downsides? Despite all the benefits, you have to make some effort to start trading and to fully understand cryptocurrencies. Purchasing coins for the first time might […]
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Lagos has an interest in crypto, but adoption is slow, with many only considering Bitcoin as an alternative means of receiving foreign payments. Data from Google Trends shows that Lagos, Nigeria ranks as the number one city based on the volume of online searches for Bitcoin (BTC). While this data may indicate a high level […]
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Facebook and Telegram’s launch of coins will be more of a game changer for social media and banking than for crypto. Facebook is controversial, if nothing else. The world’s fifth-biggest company by market cap, it’s also the biggest social network by a comfortable margin. Yet, despite the fact that most of us use it, we’ve become increasingly […]
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