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SEC says crypto exchanges are delisting Naira from P2P platforms
17.5.2024
The Securities and Exchange Commission (SEC) recently announced that cryptocurrency exchanges have begun delisting the Naira for peer-to-peer (P2P) trading platforms. The SEC and the Office of the National Security Advisor (ONSA) issued an order the week prior mandating that digital currency...
Hong Kong digital yuan pilot lacks P2P capabilities
17.5.2024
While Hong Kong residents can sign up for a digital yuan (e-CNY) wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong
Cryptocurrency Exchange Kucoin Suspends P2P Services for Nigerian Naira
16.5.2024
Kucoin, a global cryptocurrency exchange platform, announced on May 15 that it has temporarily suspended its peer-to-peer (P2P) services for the Nigerian naira, as well as the Fast Buy service via naira cards. The crypto exchange stated that during this period, it will focus on ensuring compliance...
KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance
15.5.2024
Kucoin has made the decision to suspend all naira-based P2P trading in response to increased scrutiny from Nigeria's regulatory authorities.
The post KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance appeared first on Cryptonews
Nigerian Experts Say Past Central Bank Policies Drove Users to P2P Crypto Platforms
12.5.2024
Stakeholders in Nigeria’s cryptocurrency sector argue that the Central Bank of Nigeria’s previous decision to exclude cryptocurrency entities from the banking ecosystem has fueled the growth of peer-to-peer crypto trading. Nigerian authorities are reportedly seeking to ban peer-to-peer crypto...
Monero P2P Trading Platform LocalMonero Closes, Citing ‘Internal and External’ Factors
8.5.2024
LocalMonero, a peer-to-peer trading platform for the privacy-focused cryptocurrency Monero, has decided to shut down its services with immediate effect.
The post Monero P2P Trading Platform LocalMonero Closes, Citing ‘Internal and External’ Factors appeared first on Cryptonews
BlockDAG development update ignites peer-to-peer breakthrough: Excitement builds with the anticipated beta launch of the X1 miner app
8.5.2024
BlockDAG’s development update marks a significant step forward, incorporating cutting-edge libP2P technology to enhance peer-to-peer interactions across Blockchain networks. This release is part of a series aimed at giving crypto enthusiasts a transparent look into BlockDAG technological...
Nigerian SEC to ‘Delist’ Local Currency From P2P Crypto Trading Platforms
8.5.2024
The Director General of Nigeria’s Securities Regulator has announced plans to delist the local currency from peer-to-peer cryptocurrency trading platforms in the coming days. He insisted that the decision to delist the naira aims to eliminate the manipulation of the local currency by...
P2P XMR Exchange Localmonero/Agoradesk Announces Closure After Seven Years of Operation
8.5.2024
In a recent announcement, Localmonero/Agoradesk, a popular platform for trading monero (XMR), has decided to wind down its operations after nearly seven years. The decision, influenced by a mix of internal and external factors, initiates a six-month winding-down process starting from May 7, 2024....
Nigeria to Delist Naira From Crypto P2P Space to Curb Manipulation
7.5.2024
Nigeria Would roll out delisting naira from P2P platforms in "coming days," which will cover crypto exchanges and custodians.
The post Nigeria to Delist Naira From Crypto P2P Space to Curb Manipulation appeared first on Cryptonews
Nigeria to ban peer-to-peer crypto trading in naira
7.5.2024
Nigeria’s SEC is set to launch a new regulatory framework for crypto exchanges, custodians firms “in the coming days.”
Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern
5.5.2024
Nigerian authorities are reportedly planning to prohibit financial institutions from facilitating peer-to-peer cryptocurrency transactions. According to a report, Nigeria’s Office of the National Security Adviser has classified cryptocurrency trading as a national security concern. Three fintech...
Ethereum Classic (ETC) & Dogecoin (DOGE) advocates leverage Kelexo (KLXO) P2P lending, expecting a 25x surge with Bitcoin (BTC) halving on the horizon
17.4.2024
Investors are lining up their portfolios to match the advent of Bitcoin’s (BTC) halving. As such, Ethereum Classic (ETC) and Dogecoin (DOGE) rallies are met with price corrections, along with the general market. Despite these, trading volumes and market cap are still high. At this junction...
Is It Too Late to Buy Bittensor? TAO Price Falls After Binance Listing as Spotlight Shifts to Solana’s Hidden New Coin
12.4.2024
Cutting edge AI token Bittensor (TAO) has fallen 20% in 24 hours to trade at $572, only a day after listing on Binance in what looks like “buy the rumour, sell the news” trading activity, according to data by Coin Gecko. Bittensor is a pioneering peer-to-peer (p2p) machine learning...
Thailand’s State Authorities Seek Regulations on Crypto P2P Activities
11.4.2024
Thai minister Prasert urged the SEC to develop and adjust existing crypto regulations to include supervision of purchase and sale of P2P crypto.
The post Thailand’s State Authorities Seek Regulations on Crypto P2P Activities appeared first on Cryptonews
P2P.org Introduces Staking-as-a-Business Model, Surpasses $7.5 Billion TVL
10.4.2024
P2P.org unveils its Staking-as-a-Business model to facilitate staking services for institutional clients, achieving a milestone with more than $7.5 billion in assets under management.
The post P2P.org Introduces Staking-as-a-Business Model, Surpasses $7.5 Billion TVL appeared first on Cryptonews
Staking Provider P2P Launches Staking-as-a-Business for Institutions
10.4.2024
The platform also recently surpassed $7.4 billion in total value locked, or TVL
Xuirin Finance Set to Revolutionize DeFi With KYC-Free Debit Cards, P2P Lending and Much More
5.4.2024
Looking to get involved with a platform that can change the face of decentralized finance forever? Xuirin Finance is revolutionizing the DeFi landscape through its innovative offerings like KYC-free debit cards, P2P lending, and so much more. Supporters can take part in the first stage of...
Kelexo (KLXO) captures the imagination of the P2P lending market, drawing support from Shiba Inu (SHIB) & Dogecoin (DOGE) fans
29.3.2024
Innovations in the financial industry have brought about the development of new technology that aims to improve and automate the delivery and use of financial services. Peer-to-peer (P2P) lending is one of the products of this fintech revolution. P2P lending offers an alternative to individuals...
What Binance's Exit From Nigeria Means for P2P Bitcoin
27.3.2024
The exchange was forced to leave Nigeria, and I’m sure it will happen to other crypto companies in other countries, Ray Youssef, CEO of NoOnes, writes