Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service.The company's operators attribute the shutdown to the ongoing crypto-winter, which has left them unable to continue offering their bitcoin trading services.The Challenges Faced by Localbitcoins and its Ultimate Demise in the Crypto Market The first peer-to-peer (P2P) bitcoin exchange, Localbitcoins, is ending operations after over ten years in the business.
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