P2P

Russia's weeks-long attempt to block Telegram is disrupting crypto communities that relied on the app for trading, announcements and P2P deals. Users and analysts say migration to alternative messaging apps and decentralized channels is underway, but fragmentation is raising coordination and liquidity concerns.

Belarus will begin taxing peer-to-peer and overseas cryptocurrency transactions, rolling back earlier tax perks that helped establish it as a crypto-friendly jurisdiction. The change reduces incentives for traders and could complicate cross-border crypto activity for residents.

New reporting shows Iran's government and citizens rely on a $7.8 billion crypto shadow economy for international trade and as a financial lifeline amid protests and sanctions. The network blends state-level sanctions evasion with grassroots remittances and P2P activity.

Retail Venezuelans are increasingly using USDT on peer-to-peer marketplaces to hedge against hyperinflation. The government is also reportedly parking oil revenues in TRON-based USDT.

A TRM Labs report finds an informal peer-to-peer cryptocurrency market has become a core part of Venezuela’s economy, potentially undermining U.S. sanctions. The analysis says crypto should be factored into U.S. strategy as President Trump escalates tensions with Caracas.