Quote from: nc50lc on May 06, 2018, 11:03:46 AM

I'm always expecting that LBC will require KYC verification soon.
Yes it's P2P but still a "widely known" trading platform,
regulators wont tolerate any crypto in their sights that has the potential to become a hidden sub-black-market trading ground Undecided

Quote from: magneto on May 06, 2018, 08:07:11 AM

Time to move to a new p2p trading platform?

I never used LBC since it isn't available in our Country but we have a local exchanges and
3rd party trading service providers that requires KYC verification even before this KYC "issue" became a Bitcoin-users' issue,
and I didn't have any problem with that (In my case).

If you wanted to trade Peer-to-peer anonymously, use other "methods".

As far as I know LBC is available in the Philippines as well. (https://localbitcoins.com/country/PH). But yes, since there is a local exchanges like coins.ph, not everyone knows that there also a lot of trading done in LBC Philippines.

Quote from: squatz1 on May 06, 2018, 06:22:23 PM

Was bound to happen at some point, it was only a matter of time until the regulators came in and wanted their fair share of what was going on. They're going to want companies to keep the names of people so they're able to at some point tax people on what they're buying.

~snip~

Of course, just a matter of time, but I was quite surprise by the immediate action by LBC. Maybe they are really under the scrutiny as of late, and they can't do anything but to succumb to government's pressure to put KYC and verification. I don't know if there is a alternative to LBC though, there might be one out there but I'm sure it will take the same path when government take notice of it.