Crypto Exchange CoinEx Is Shutting Down After Nine Years, Giving Users Until December to Cash Out

The Hong Kong-founded exchange blamed a prolonged crypto winter and rising compliance costs, closing the books on a run that began in December 2017.
Key Takeaways
- The Hong Kong-founded exchange blamed a prolonged crypto winter and rising compliance costs, closing the books on a run that began in December 2017.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
Bitcoin Miners Own Something AI Developers Can't Build Fast Enough
Bitcoin (BTC) mining sites have become some of the scarcest permitted power capacity in the United States. With 151 data center restrictions still active, AI developers face years of waiting to plug in anywhere new. CoinShares cited at least 225 data center…

Underdog sues Connecticut to stop sports prediction market crackdown
The lawsuit follows cease-and-desist orders the state issued to prediction market platforms, including Underdog, Polymarket, and Coinbase.

Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine
An aggressive market expectations trap and a strict aversion to forward guidance have backed the Fed chair into a corner, where failing to deliver a hawkish message risks destroying the central bank’s inflation-fighting credibility.