Paxful

The post Paxful Co-founder Pleads Guilty To AML Violations, Faces Jail Term appeared first on Coinpedia Fintech News The latest report from DoJ has stated that Artur Schaback operated the crypto trading platform Paxful for nearly four years between July 2015 to June 2019 where he allowed customers to open accounts without gathering sufficient KYC information. The authorities also accused Schaback of marketing Paxul as a platform that doesn’t require KYC and presented fake AML policies to third parties without…

El Salvador legalized Bitcoin as legal tender in September. However, surveys show that the nation’s Bitcoin law didn’t sit well with the broader population. This was mainly due to misunderstandings and a lack of education on the asset. Paxful may be about to fix that. The peer-to-peer Bitcoin marketplace has just announced the launch of La Casa Del Bitcoin. The initiative is a Bitcoin educational and training center in the region. Getting Schooled On Bitcoin According to a press release, Paxful’s…

In a recent announcement, Paxful, the world's major player in the peer-to-peer cryptocurrency marketplace, knot ties with Bithumb Global. With this partnership, Bithumb Global will offer P2P services on its platform. Found in the year 2014 as EasyBitz and later renamed as currently known as Paxful supports over 300 payment methods. Thus removing the borders & limits and building a single marketplace platform for cryptocurrency buyers and sellers. As of now, Paxful has over 4.5 million users across the globe.…

With time, the types of crypto trading keep changing, and so do the exchange methods. Understandably, the earlier means of exchanging cryptocurrency used the traditional centralized exchange. However, when cryptocurrency was still new in the market, this exchange method boosted its popularity.  However, the centralized exchange process was rather time-consuming, which prompted the development of P2P cryptocurrency exchanges. As a cryptocurrency enthusiast, you are probably looking for easier ways to exchange crypto with other traders. Look no further, as P2P…

Coinbase stated that it witnessed a tidal wave of deposits in the 48 hours after Bitcoin’s plunge on the 12th of March 2020. The crypto exchange saw its highest Bitcoin buying numbers in the last one year. Coinbase posted a recovery from its drop to $3800 with bullish sentiment presenting before Bitcoin reached $7800, which may contribute to a further upward push, after the block reward halving coming in the short term. Reports reveal that retail Bitcoin purchasing on Coinbase…