The unfortunate side of this is that people will have to turn to the more shady platforms to trade <Peer-to-peer> anonymously.
![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
You can still use these platforms for smaller trades, but it is risky in countries where Bitcoin is being "banned". <Like we saw happening when China temporarily closed the Bitcoin exchanges>
I have built up a "trusted" network of friends for these Peer-to-peer trades over time and I can even trade with them, without using escrow services, but newbies will unfortunately not have that privilege.
![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
Yes, there are definitely shadier alternatives that I'd rather not use, but people may be forced into using. A lot of current casual buyers/sellers may also have to turn to centralised exchanger services with no escrow protection, which is a big concern.
For whoever that doesn't know yet, Localbitcoins gave out an entirely new and updated terms and conditions a few days back as well:
https://localbitcoins.com/gdprThese restrictions don't really affect newbies yet, though. They still have a chance to trade without significant volume. Although key word is *yet*. We don't know if Localbitcoins is going to follow current guidelines forever.