Paxful, Citing Regulations and Its Own ‘Risk Tolerance,’ Exits Venezuela’s P2P Bitcoin Market
The exit deprives Venezuela's crypto scene of its second-largest P2P exchange.
The steady creep of know-your-customer (KYC) requirements over firms that touch digital assets is now at the foot of self-hosted wallets.
Paxful has partnered with Kenya-based remittance network BitLipa to allow users to buy and sell bitcoin and the tether stablecoin.
In 2020, Colombia saw a major boost in crypto use, both as a store of wealth and as a means of transaction.
The peer-to-peer digital asset marketplace is launching a Visa card, starting in the U.S. market.
Paxful said the partnerships will allow users to trade bitcoin and tether using a lira-backed stablecoin.