Monero P2P Trading Platform LocalMonero To Cease Operations

According to Foresight News, LocalMonero, a peer-to-peer trading platform for Monero, has announced that it will cease operations. Effective immediately, all new registrations and ad postings have been disabled. The platform will disable new transactions starting from May 14, 2024, and will shut down the website on November 7, 2024. LocalMonero stated that the difficult decision to close the platform was made due to a combination of internal and external factors, after nearly seven years of operation.