Paxful

Paxful

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Peer-to-Peer Bitcoin Exchange Paxful to Suspend Operations

A message from co-founder and CEO Ray Youssef cited key staff departures and regulatory challenges.

NoOnes CEO Ray Youssef (Christie Harkin/CoinDesk)

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Paxful Removes Ether From Platform

Ray Youssef, CEO and co-founder of peer-to-peer crypto marketplace Paxful, announced ether's (ETH) removal from the platform, citing Ethereum network's switch to proof-of-stake validation from proof-of-work. "The Hash" hosts discuss the case for Bitcoin in the latest clash between altcoins.

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Paxful elimina ether de su plataforma

ETH se convirtió en una forma digital de moneda fiduciaria gracias al cambio en su mecanismo de validación a un sistema proof-of-stake, aseguró Youssef.

Ray Youssef, CEO y cofundador de Paxful. (Christie Harkin/CoinDesk)

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Peer-to-Peer Crypto Marketplace Paxful Removes ETH From Platform

ETH has basically become a digital form of fiat thanks to its switch to a proof-of-stake validating mechanism, argued Youssef.

Ray Youssef, CEO y cofundador de Paxful. (Christie Harkin/CoinDesk)

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Built With Bitcoin Foundation Opens Technology Center in Ghana

The structure was built by Ghanian workers compensated in bitcoin, on land donated by local communities.

Ghana national flag (Natanael Ginting/Getty Images)

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'Hyperbitcoinization' Is Coming to an Emerging Market Near You, Paxful's Ray Youssef Says

The CEO and co-founder of the peer-to-peer bitcoin exchange that's popular in Africa explains why the Global South will lead the Bitcoin revolution.

Ray Youssef, CEO y cofundador de Paxful. (Christie Harkin/CoinDesk)

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Nigerians Flock to Crypto as the Naira Weakens

Some Nigerians are turning to bitcoin (BTC) to hedge against the naira's drop in value amid a collapsing economy. Paxful Deputy General Counsel Jude Ogene and Africa Blockchain Institute Head of Research Oluwaseun Adepoju discuss the role of crypto as a potential tool for financial freedom. Plus, WomenInDeFi Brand Strategist Umeh Chinonye discusses the impact of Web3 and DeFi in Nigeria.

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Paxful CEO on Launching Bitcoin Educational Center in El Salvador

Crypto trading platform Paxful has opened “La Casa del Bitcoin,” a bitcoin educational center in El Salvador to enable free learning opportunities related to BTC and boost adoption. Paxful CEO Ray Youssef shares insights into the launch, addressing concerns BTC could be too volatile to serve as a national currency.

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Most Influential 2021: Ray Youssef

Peer-to-peer bitcoin trading is a powerful force.

(Adam B. Levine/Pixelmind.ai)

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Paxful CEO on El Salvador's Bitcoin Rollout

On the ground in El Salvador at the 2021 Latin American Bitcoin and Blockchain Conference, CoinDesk's Elaine Ramirez talks to Ray Youssef, CEO of Paxful, a peer-to-peer crypto marketplace that has made strides onboarding crypto adopters in emerging markets. Youssef discusses the latest on El Salvador's bitcoin rollout and the country's wider state of crypto affairs.

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