P2P trading used to be a norm before the centralized exchanges had any form of the crypto trading of any sort. And this means the trading soon took the centralized form but people who want to save on taxes would be making use of the crypto trading through p2p. 

In UK, being the asylum for the criminals from around the world, crypto was meant to move the funds. And now the UK is cracking down on such type of the p2p movements between humans. And that is happening in trading form too. They recently started the crackdown on this. 

Not just P2P but all forms of the exchanges where the crypto is being shared and the soil is UK, that is they are cracking down on. And they seem to be not allowing any form of the crypto ATM and similar other forex services being run through the p2p too. A lot has been said earlier on those points but now they are cracking down on this part. 

You can check out the news here. 

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