RATE Group | LocalEthereum Adds Bitcoin as LocalBitcoins Bows to Finland Regulators
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LocalEthereum Adds Bitcoin as LocalBitcoins Bows to Finland Regulators

19 Nov LocalEthereum Adds Bitcoin as LocalBitcoins Bows to Finland Regulators

Posted at 09:08h in Bitcoin News by

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One of the main competitors of P2P Bitcoin (BTC) exchange LocalBitcoins has taken even more of its market share as the Finnish company seeks regulatory compliance.

In a blog post on Nov. 19, LocalCryptos, formerly LocalEthereum, said it had completed the pivotal step of adding support for Bitcoin as well as Ether (ETH).

LocalEthereum becomes LocalCryptos

“The platform is a one-stop shop for fiat-to-crypto ramps worldwide, beginning with BTC and ETH,” the blog post reads, describing the move as a “large milestone.”

In the future, more cryptocurrencies will join its offering: 

“LocalCryptos will list some of the most popular Ethereum-based tokens over time. We’ll develop a new smart contract to handle ERC20s, and, in the more distant future, ERC721s.”

Finland: LocalBitcoins is “official virtual currency provider”

The move comes roughly a week after LocalBitcoins announced its registration with regulators in its home country of Finland. Part of a multi-year scheme to…

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