27 Dec '16, 7pm

via @BTCTN

Russian rubles are currently the seventh-most traded currency for bitcoin globally, and almost half of that volume is traded on the Localbitcoins exchange. This year, that one exchange has seen 121 percent growth by itself, rising from 2,705 weekly volume to 5,983. The country has had a tumultuous year with constant questions popping up over whether or not bitcoin is illegal in the country. Amid regulatory uncertainties and banning of Localbitcoins, trading on the exchange has soared. However, new exchanges have recently started up in the market competing with Localbitcoins.

Full article: https://news.bitcoin.com/here-are-bitcoins-8-fastest-grow...

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