Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape
Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives.
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Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives.
Paxful’s shutdown has left its global community heartbroken, but it has significantly impacted the Nigerian community, where it pioneered P2P crypto use.
The shutdown of the peer-to-peer cryptocurrency marketplace Paxful has left its worldwide community in search of alternatives, but it appears to have especially affected the Nigerian Paxful community. On April 4th, Paxful declared that it would halt its operations. The reason for this decision, according to the founder and CEO Ray Youssef’s blog, was due [...]
The post Paxful shutdown hit Nigeria harder than the rest of the world, here’s why appeared first on Crypto Breaking News.
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