LocalMonero and it's sister site, AgoraDesk, announced they would be "winding down" their operations. After almost 7 years of operation the P2P cryptocurrency exchange platforms have decided to shutdown due to "a combination of internal and external factors".
Their closing statement mentions that they think Monero's future is bright:
LocalMonero has been around for most of Monero's life. Fortunately, the Monero ecosystem has matured a lot over these years, and with the imminent launch of Haveno and other DEXs like Serai, atomic swaps, the coming addition of FCMP (full blockchain anonymity set replacing rings of 16) as well as the continuing and rapidly accelerating development of the Monero protocol, we're confident that Monero's future is bright, with or without our platform.
