March 24, 2020, 11:20AM EDT
• 3 min read

LocalBitcoins sees market share slide as it tightens KYC requirements

Quick Take

  • LocalBitcoins has seen its market share of peer-to-peer trading volume slide as it implements more stringent KYC requirements
  • Paxful has seen some of this volume flow onto its platform
  • The Block also analyzes the impact of COVID-19 on peer-to-peer trading volumes in China, the U.S., and the U.K.

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