LocalBitcoins to Shut Down After 10 Years of Operation

LocalBitcoins, one of the earliest and most popular peer-to-peer Bitcoin exchanges, today announced that it is shuttering its business after more than ten years of operation.

In its announcement, the P2P platform said that it was “proud of what we have achieved together with all of you, our loyal community,” but that it can no longer provide its service due to the “challenges during the ongoing very cold crypto-winter.”

Read more: Decrypt