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Crypto exchange CoinEx to shut down after 9 years, citing market slump

The Block
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Crypto exchange CoinEx to shut down after 9 years, citing market slump

The exchange blamed a long market slump, shrinking volume and liquidity, and rising regulatory and compliance costs.

Key Takeaways

  1. The exchange blamed a long market slump, shrinking volume and liquidity, and rising regulatory and compliance costs.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.