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Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter

Bitcoin.com
Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter
10 years
Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto WinterLocalbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin trading services. The Challenges Faced by Localbitcoins and its Ultimate Demise in the Crypto Market The first […]
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BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

Crypto Exchange Bitfront Shuts Down Amid Industry Challenges

Bitcoin.com
Crypto Exchange Bitfront Shuts Down Amid Industry Challenges
Bankruptcy
Crypto Exchange Bitfront Shuts Down Amid Industry ChallengesCryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated to the collapse of FTX. Line-Supported Digital Asset Exchange Bitfront Suspends New Sign-ups Bitfront, a crypto exchange operating in the […]
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BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

ECB Paper Marks Success Factors for CBDCs, Digital Euro

Bitcoin.com
ECB Paper Marks Success Factors for CBDCs, Digital Euro
Banks
ECB Paper Marks Success Factors for CBDCs, Digital EuroA paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors also point to different risks that such projects entail, like the danger of crowding out the private sector. ECB: Digital Euro Should Be Widely Used […]
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BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

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