‘They’d Rather Buy Bitcoin and Take That Risk’: An Interview With Paxful’s Nena Nwachukwu

Last year’s End SARS protests over police brutality were a catalyst for Bitcoin adoption in Nigeria, says Nwachukwu, ahead of CoinDesk’s Crypto State event.

People  ·  30 June 2021

Africa ‘Is Leading Global Cryptocurrency Adoption’: Paxful CEO

Paxful CEO Ray Youssef said all eyes should be on Africa right now.

Markets  ·  4 June 2021

Paxful Launches Tool Allowing Businesses to Receive Payment in Bitcoin

The tool will convert customers' payments into bitcoin, which is then sent to the merchant's digital wallet.

News  ·  3 June 2021

Economic Uncertainty Drives Crypto Growth in Sri Lanka

Paxful's crypto trading volume in 2021 has more than tripled compared to all of 2020.

Markets  ·  13 May 2021

Egyptians Are Buying Bitcoin Despite Prohibitive New Banking Laws

Egyptian crypto trading volume and exchange sign-ups increased dramatically this past January, capping off an already high-volume 2020.

Business  ·  5 March 2021

In Nigeria, One Bitcoin Can Cost $68,000. Here’s Why.

Bitcoin has already passed the $68,000 mark in Nigeria, but that’s if you use the official exchange rate. Awosika Ayodeji, a Nigerian blockchain project designer, isn’t complaining. He is happy to wake up and see bitcoin prices quoted using unofficial U.S. dollar exchange rates because it means he’d be getting more naira per dollar when […]

Markets  ·  23 February 2021

Bitcoin ‘Can’t Be Stopped’: Nigerians Look to P2P Exchanges After Crypto Ban

Some Nigerians plan to continue using bitcoin (BTC) and other cryptocurrencies despite a directive issued by the Central Bank of Nigeria (CBN) last week ordering banks to close down accounts associated with cryptocurrencies.

Policy & regulation  ·  9 February 2021

‘No Middle Ground’: Inside Colombia’s Race to Become A Major Regional Crypto Market

In 2020, Colombia saw a major boost in crypto use, both as a store of wealth and as a means of transaction.

Markets  ·  13 January 2021

Kenyans Can Now Buy and Sell Crypto Through Paxful’s P2P Marketplace

Paxful has partnered with Kenya-based remittance network BitLipa to allow users to buy and sell bitcoin and the tether stablecoin.

Markets  ·  10 December 2020

Paxful to Roll Out Crypto Debit Card for US Customers

The peer-to-peer digital asset marketplace is launching a Visa card, starting in the U.S. market.

Business  ·  2 November 2020

Paxful, Turkey-Based BiLira, Cointral to Expand Crypto Offerings in Eastern Europe

Paxful said the partnerships will allow users to trade bitcoin and tether using a lira-backed stablecoin.

News  ·  12 October 2020

Paxful, Citing Regulations and Its Own ‘Risk Tolerance,’ Exits Venezuela’s P2P Bitcoin Market

The exit deprives Venezuela's crypto scene of its second-largest P2P exchange.

Markets  ·  14 September 2020

Where FATF Crypto Compliance Gets Interesting: Africa

Crypto businesses seeing strong growth across the 54-country continent are working hard to meet the FATF's anti-money laundering standards.

Policy & regulation  ·  3 August 2020

Paxful Chips Away at LocalBitcoins’ Russian P2P Market Dominance

Paxful’s year-old foray into Russian crypto markets is paying off for the peer-to-peer exchange.

News  ·  30 July 2020

Charlie Shrem TLDL: Ray Youssef and Crypto’s Role in Africa

Ray Youssef joins Charlie Shrem to discuss Paxful's mission in Africa, the liberating power of crypto and the unfairness of the African franc.

People  ·  14 July 2020