New AML rules and record volumes for LocalBitcoins
LocalBitcoins is adjusting its policies to follow new European laws, while also setting record volumes in 23 countries.
Latest LocalBitcoins News
Localbitcoins attackers steal $28,000 worth of cryptocurrencies
LocalBicoins was attacked, and the thieves were able to access accounts on the platform and empty funds from affected accounts.
US man running unlicensed crypto business via LocalBitcoins faces jail time
A man who ran a Bitcoin Core (BTC) operation through LocalBitcoins could possibly go to jail.
Crypto trader ‘Bitcoin Maven’ faces jail time over money laundering charge
Theresa Lynn Tetley was a former stockbroker and real estate investor who authorities said conducted an illegal business and engaged in unlawful monetary transactions involving BTC.
LocalBitcoins users decry mandatory IDs for large transactions
A Reddit user posted a screenshot showing that certain LocalBitcoins users are being forced to show identification before being allowed to conduct any transactions on the platform.
India regulators nix crypto transactions in banks
Central bank-backed financial institutions in India are no longer permitted to allow their customers to purchase cryptocurrency through their accounts.