Monero P2P trading platform LocalMonero announced that it will end operations and close its website on November 7

On May 7, the Monero P2P trading platform LocalMonero/AgoraDesk team announced that it would end operations, immediately banning all new registrations and advertising for Monero trading on the same day. On May 14, the LocalMonero platform will ban trading of privacy-centric crypto assets, claiming that it was a "combination of internal and external factors," but did not disclose the specific reasons for the closure. On November 7, the site will be shut down, and users are advised to recover all funds from their wallets before this date, otherwise they may be deemed to have abandoned their funds. (Cointelegraph)