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Topic: [2017-10-19] Exchange LocalBitcoin Increase Trading Volume in Venezuela (Read 188 times)

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Decentralized Bitcoin exchange LocalBitcoins has announced a fourfold increase in its Bitcoin trading volume since June in Venezuela. This substantial increase reflects the phenomenal rise in demand for the digital currency in the country and in other emerging markets.

According to the company, its trading volume of Bitcoin in the last three months has increased to 40 bln Venezuelan bolivars from about nine billion bolivars. This increase occurred despite the lack of clear cryptocurrency regulations and policies in the country.

https://cointelegraph.com/news/bitcoin-exchange-localbitcoins-posts-fourfold-trading-volume-increase-in-venezuela
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