CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

p2p

The Case for Taxing Proof-of-Work

Most bitcoin owners aren't cypherpunks and don't require an energy-intensive consensus mechanism. A tax would shift them on to sensible alternatives. This post is part of CoinDesk's Tax Week.

By JP Koning

Feb 24, 2022 at 3:34 p.m. UTC

Feb 24, 2022

Bitcointax weekCypherpunkP2Ptax weekTaxProof-of-WorkOpinion

Binance.US Hires Former Société Générale and Gemini Exec as Chief Compliance Officer

Tammy Weinrib will have a focus on know-your-customer (KYC) and anti-money laundering (AML) programs.

By Michael Bellusci

Feb 17, 2022 at 3:00 p.m. UTC

Feb 17, 2022

Binance USBinanceComplianceP2PHires

Repair works in progress (takoburito/Getty)

Hodl Hodl Explains August Security Issues, Puts Lending on Hold

The peer-to-peer bitcoin lending platform is closed for new deals until the planned relaunch in September.

By Anna Baydakova

Sep 3, 2021 at 10:37 a.m. UTC

Sep 3, 2021

P2PHodl HodlSecurityLending

Crypto Adoption Shifts to Emerging Markets as China, US Drop in Chainalysis Global Rankings

Crypto adoption has increased 23-fold globally over the past year with India, Pakistan and Ukraine driving the surge.

By Muyao Shen

Aug 18, 2021 at 11:00 a.m. UTC

Aug 18, 2021

ChinaVietnamP2PChainalysis

P2P Exchange Hodl Hodl Reports Security Issue

The non-custodial marketplace said some users' payment passwords might have been compromised.

By Anna Baydakova

Aug 3, 2021 at 9:34 a.m. UTC

Aug 3, 2021

P2PBitcoin ExchangesHodl Hodl

Thriving Under Pressure: Why Crypto Is Booming in Nigeria Despite the Banking Ban

Crypto communities world-wide have found ways around government bans, and Nigeria is no exception.

By Anna Baydakova

Jul 6, 2021 at 4:05 p.m. UTC

Jul 6, 2021

P2PRegulationNigeriaCentral Bank of Nigeria

Bitcoin 'Can't Be Stopped': Nigerians Look to P2P Exchanges After Crypto Ban

Some Nigerians plan to continue using bitcoin (BTC) and other cryptocurrencies despite a directive issued by the Central Bank of Nigeria (CBN) last week ordering banks to close down accounts associated with cryptocurrencies.

By Alyssa Hertig

Feb 9, 2021 at 7:34 p.m. UTC

Feb 9, 2021

CryptocurrencyP2PNigeriaBinancePaxfulCentral Bank of Nigeria

Markets

Kenya

Kenyans Can Now Buy and Sell Crypto Through Paxful's P2P Marketplace

Paxful has partnered with Kenya-based remittance network BitLipa to allow users to buy and sell bitcoin and the tether stablecoin.

By Tanzeel Akhtar

Dec 10, 2020 at 1:47 p.m. UTC

Dec 10, 2020

KenyaP2PPaxful

Policy

India

India May Be Starting Its Biggest Bitcoin Bull Run Yet

India’s crypto trade volumes have soared since the Supreme Court of India lifted banking restrictions for exchanges in March. According to Coin Dance's Paxful and LocalBitcoins volume data, India’s bitcoin peer-to-peer trade volume reached an all-time high in July.

By Leigh Cuen Shuai Hao

Aug 11, 2020 at 10:22 a.m. UTC

Aug 11, 2020

IndiaLocalBitcoinsP2PCrypto Exchange