How to Use Cryptocurrency to Send Money Abroad

A Beginner's Guide To Getting Started With Sending Money Abroad Using CryptoThe global remittance industry is huge. World Bank data shows that over $148 billion was sent abroad from the U.S. alone in 2017. As people leave nations gripped by hyperinflation, or simply move to look for better opportunities abroad, sending cash back home becomes a necessity. As the people in Venezuela are discovering, this can be […]

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Localbitcoins Trade Surges in Latin America and East Asia

Localbitcoins Trade Surges in Latin America and East AsiaThe peer-to-peer (P2P) markets saw a surge in trade activity this past week, with the Localbitcoins markets of five countries posting record volume. The largest spikes were concentrated in the Latin American and Asian regions, however, the United States also posted its strongest monthly P2P volume since April 2018. Also Read: Nasdaq Stock Exchange to Start […]

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Venezuela’s BTC Trading Volumes Hit Record Highs as Crypto Regulations Commence

Venezuela’s BTC Trading Volumes Hit Record Highs as Crypto Regulations CommenceAs Venezuela begins regulating cryptocurrency, BTC trading volumes in the country hit record highs on several exchanges. Amid fast-growing crypto adoption, peer-to-peer trading platforms such as Localbitcoins and Paxful have reported significant increases in the number of BTC traded in Venezuela. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Record BTC […]

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Venezuelan Nonprofit Eatbch Celebrates First Anniversary Amidst Hyperinflation

Venezuelan Nonprofit Eatbch Celebrates First Anniversary in the Midst of Hyper-InflationOn Sunday, Feb. 10, the creators of the charitable organization Eatbch, a nonprofit food drive powered by bitcoin cash, celebrated its one-year anniversary. Eatbch has come along way since its inception feeding Venezuelans thousands of meals alongside branching out to other less fortunate regions like South Sudan. Also read: BCH Avalanche Transactions Show Finality Speeds 10x […]

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In the Daily: BCH Charity Anniversary, Lighting Wholesaler Takes Crypto, Atomicpay Vanity URLs

In the Daily: Charity Marks Anniversary, Wholesaler to Accept Crypto PaymentsIn this edition of The Daily we feature the first yearly anniversary of Bitcoin Cash (BCH) charity Eatbch, a move by American lighting wholesaler H&M Distributors to accept cryptocurrency payments, and an update about vanity URLs from Atomicpay. Also Read: In the Daily: Regulatory Developments in Italy, Mauritius, Malta Eatbch Charity Marks First Anniversary The […]

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Venezuela Starts Regulating Cryptocurrency Remittances

Venezuela Starts Regulating Cryptocurrency RemittancesThe Venezuelan government has begun regulating cryptocurrency remittances. The regulator has set a monthly limit and will be collecting commissions of up to 15 percent of the transaction amount. Additionally, new details of its comprehensive registry of crypto service providers have been announced. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations […]

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