Tag: LocalBitcoins

P2P Markets Report: Selling Drives Upswing in Emerging Markets’ Volume

Emerging Markets The recent selling pressure experienced by BTC has pushed a spike from the peer reviewed commerce volume for many emerging cryptocurrency markets. The Localbitcoins markets to its Philippines, Iran, also Kazakhstan have seen a substantial upswing in the amount of bitcoins traded lately. The week of this 28th of July submitted the second […]

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US Court Seizes 81 BTC, Sends Bitcoin Trader to Jail for 41 Months for Money Laundering

News A U.S. district judge has ordered a bitcoin dealer to sacrifice 81 bitcoins and sentenced him 41 weeks in prison for money laundering. Thomas Mario Costanzo, also called Morpheus Titania, marketed bitcoins to undercover federal agents pretending to be drug dealers, based on this Department of Justice. The U.S. Department of Justice (DOJ) announced […]

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Localbitcoins Trader Sentenced to One Year in Prison

News A Southern Californian Localbitcoins dealer was sentenced to jail for a year to get unlicensed money transmitting and money laundering. The dealer, Bitcoin Maven, allegedly exchanged between $6 and $9.5 million to clients throughout the nation, according to the notice from the U.S. Department of Justice. The U.S. Department of Justice (DOJ) announced on […]

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Bitcoin as Lifeline Amid Crushing Devaluation, Extreme Poverty, Sectarian Violence in Nigeria

Economics The scrappy residents of Lagos, Nigeria are merchants and can-do survivors nearly by nature. Their authorities, nevertheless, has mismanaged the nation’s cash to such a level that it’s susceptible to wild devaluation swings. And whereas an argument might be made bitcoin too is risky, it really isn’t comparatively. With entry to peer-to-peer exchanges akin […]

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Bitcoin’s Chance at the $20 Trillion Offshore Tax Haven Market

Taxes In considerate pockets of society, positive and acceptable crypto talk revolves round its awesome technology and what the future may hold. At least one bitcoiner has chucked aside such niceties, and analyzed the world’s hottest cryptocurrency as a possible offshore tax avoidance sanctuary. Depending about the analysis, as far as $20 trillion is concealed […]

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