CoinScoopCoinEx to Cease Operations by December 22
CoinEx will shut down its platform after nine years of operation. The exchange halted new user registrations on Tuesday and plans to close completely by December 22. The Hong Kong-based company cited a prolonged market downturn, declining trading volumes, reduced liquidity, and excessive compliance costs as the primary reasons for its exit.
Summaries are written by AI from the original article. Not investment advice.