According to ["A message from Ray"](https://paxful.com/sign-up-transition), Paxful is closing shop immediately!

Cal me paranoid but that feels like part of "chokepoint 2.0".

Paxful has more than 6 (or 5 or 10 ...) million users and is in business since almost 8 years.

The other day, Localbitcoins closed shop almost as hastily.

These two were the biggest P2P trading platforms.

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Discussion

It's definitely odd to see both of them close shop so quickly and so close to one another.

it will impact many jobs worldwide guessing

It’s absolutely chokepoint 2.0.