LocalBitcoins Claims 70% Reduction in Transactions Related To Darknet

The top peer-to-peer (P2P) crypto exchange LocalBitcoins has noted a 70 percent decrease in the number of transactions related to darknet since its adoption of AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations in September last year. LocalBitcoins noted its ability to remarkably decrease the number of transactions related to darknet carried out using its platform between September last year and May this year. In the words of the chief marketing officer at LocalBitcoins, Jukka Blomberg to Cointelegraph, the…

What are P2P Exchanges? The Best P2P Crypto Exchanges to Consider

With time, the types of crypto trading keep changing, and so do the methods of exchange. Understandably, the earlier means of exchanging cryptocurrency used the traditional centralized exchange. When cryptocurrency was still new in the market, this exchange method boosted its popularity in the sector.  However, the centralized exchange process was rather time-consuming, which prompted the development of P2P cryptocurrency exchanges. As a cryptocurrency enthusiast, you are probably on the lookout for easier ways to exchange crypto with other traders…