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.
Source: CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction (https://cointelegraph.com/news/coinex-cease-operation-citing-significant-crypto-contraction?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)