LocalBitcoins P2P marketplace to shutter services

Peer-to-Peer market LocalBitcoins is discontinuing its companies from Feb. 17, in keeping with a Feb. 9 firm assertion.

New sign-ups shall be suspended as of Feb. 9, adopted by the suspension of buying and selling on the platform and use of LocalBitcoins pockets on Feb. 16, in keeping with the statement.

“[…]We’ve got regretfully concluded that LocalBitcoins can now not present its Bitcoin buying and selling service.”

Rival platform Bittylicious said it was unhappy to see the agency shut. It continued by recounting how each companies began in “these loopy days of 2013-era #Bitcoin.”

The discover of closure observe on from rumors of insolvency made in December 2022 on social media late final yr.

“Thanks for being part of the LocalBitcoins household! It has been our honor and pleasure to serve you during the last decade.”

The submit LocalBitcoins P2P market to shutter companies appeared first on CryptoSlate.

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