New details have actually emerged from the LocalBitcoins management team following its statement this week that it would quickly halt services in Germany.

The peer-to-peer bitcoin marketplace is among the older and more popular bitcoin startups, having actually launched in July 2012, though its users have faced legal troubles in some jurisdictions. Fanning to speculation was the initial statement from LocalBitcoins that it would shutdown its services due to “regulatory factors”.

Continue reading at CoinDesk


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