For users in the USA, Canada, and beyond, purchasing Bitcoin remains challenging when traditional exchanges reject international payment cards. While no direct method exists to buy cryptocurrency with PayPal, several platforms have emerged as crucial bridges, offering workarounds through peer-to-peer marketplaces and lending services. This guide examines three leading options—LocalBitcoins, Paxful, and Xcoins—detailing their operational models, security features, and trade-offs for buyers seeking accessible entry points into the crypto market.
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0 in Finance and 0 in Crypto last weekPaxful Pleads Guilty to Money Laundering, Fined $7.5M
Paxful Holdings Inc., the defunct peer-to-peer Bitcoin exchange, has pleaded guilty to federal conspiracy charges and agreed to pay $7.5 million in criminal and civil penalties. The U.S. Department of Justice found the platform knowingly enabled extensive criminal activity, processing billions in trades while deliberately avoiding anti-money laundering controls. This landmark case underscores the severe consequences for cryptocurrency exchanges that flout financial compliance laws, revealing a business model built on servicing illicit markets.
about Paxful Pleads Guilty to Money Laundering, Fined $7.5MHow to Sell Bitcoin in Dubai: Complete 2024 Guide
Dubai has emerged as a cryptocurrency hub offering multiple secure pathways for converting digital assets like Bitcoin into cash. From established exchanges to peer-to-peer platforms and specialized trading desks, the emirate provides diverse options catering to both individual traders and institutional investors. This comprehensive guide examines the four primary methods available for liquidating cryptocurrency holdings while navigating the unique regulatory landscape of the United Arab Emirates.
about How to Sell Bitcoin in Dubai: Complete 2024 GuideHow to Sell Cryptocurrency in India: 3 Easy Steps
This article provides a step-by-step guide on how to sell cryptocurrency in India, emphasizing the importance of selecting a secure and compliant exchange. The three key steps include finding a trusted platform (such as CoinDCX, Binance, or Paxful), transferring crypto from a personal wallet to the exchange, and executing the sale. The guide also highlights critical factors like security, liquidity, and regulatory compliance when choosing an exchange. Additionally, it clarifies that cryptocurrency is not a legal tender in India and cannot be used for direct payments. The article concludes with warnings to research platforms thoroughly and adhere to their terms and conditions.
about How to Sell Cryptocurrency in India: 3 Easy StepsHow to Sell Bitcoin in Dubai: A Complete Guide
This article provides a detailed guide on how to sell Bitcoin in Dubai, covering multiple methods such as cryptocurrency exchanges (e.g., BitOasis, Binance), peer-to-peer (P2P) platforms like LocalBitcoins, Bitcoin ATMs, and over-the-counter (OTC) trading. It outlines step-by-step instructions for selling Bitcoin via exchanges and USDT, emphasizing the importance of choosing reputable platforms and complying with local regulations. The guide also highlights transaction fees, security considerations, and market volatility risks. Additionally, it briefly touches on selling Ethereum and the security aspects of OTC trading. Always research exchanges and stay informed about regulatory changes to ensure safe and profitable transactions.
about How to Sell Bitcoin in Dubai: A Complete GuideRay Youssef: Bitcoin Pioneer Empowering the Unbanked
Ray Youssef’s story is one of resilience and innovation, from his humble beginnings running a New York newsstand to co-founding Paxful, a peer-to-peer Bitcoin marketplace that revolutionized financial access in Africa and Asia. Despite multiple business failures, Youssef persisted, driven by the belief that Bitcoin could liberate the unbanked. Through Paxful and the Built With Bitcoin Foundation, he enabled millions to trade Bitcoin using diverse payment methods while funding schools and clean water projects. After stepping down from Paxful amid legal challenges, Youssef launched Noones, a decentralized marketplace focused on the Global South, and Civ Kit, a toolkit for building Bitcoin marketplaces. A vocal critic of exploitative altcoins, Youssef champions Bitcoin as a tool for financial freedom, cementing his legacy as a pioneer in crypto-driven economic empowerment.
about Ray Youssef: Bitcoin Pioneer Empowering the UnbankedMalaysia Explores Cryptocurrency Policy Following Talks with UAE and Binance Founder
Malaysia is considering a cryptocurrency policy to modernize its financial system, following discussions between Prime Minister Anwar Ibrahim, UAE officials, and Binance founder Changpeng Zhao. Anwar emphasized the need for rapid adaptation to global financial trends, marking a significant shift from traditional practices. Comprehensive studies by various Malaysian authorities will be necessary to address potential concerns and ensure effective implementation of the new regulations.
about Malaysia Explores Cryptocurrency Policy Following Talks with UAE and Binance Founder