Part 4/9:

One significant external factor contributing to Local Monero's closure is the proposed Blockchain Integrity Act, which seeks to increase regulation against crypto mixers. This government hostility toward Monero arises from its inherent design, which emphasizes transactional privacy. Local Monero, despite functioning as a centralized service, exemplified peer-to-peer trading, operating more like a marketplace while still being susceptible to scrutiny and shutdown by regulatory bodies.