CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction

CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction

CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction

CoinEx said falling trading volumes and liquidity, along with rising regulatory and compliance costs, had exceeded “reasonable boundaries,” with withdrawals remaining open until Dec. 22.

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