Cointelegraph - LocalMonero, a key platform for privacy coin Monero, is shutting down despite its team's belief in a bright future for Monero, adding to concerns about a wider crackdown on crypto privacy

https://cointelegraph.com/news/local-monero-exchange-shuts-down-crypto-privacy-services-dwindle

LocalMonero, a peer-to-peer trading platform for privacy coin Monero, is shutting down after 7 years. The platform cites internal and external factors but doesn't elaborate.

This closure follows a trend of increased scrutiny on privacy coins by regulators, with recent actions against other privacy services and exchanges.

Some see this as a war on privacy in crypto, while others believe regulators are aiming to catch bad actors, not eliminate privacy entirely.

What do you think?