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

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Decrypt
Crypto Exchange CoinEx Is Shutting Down After Nine Years, Giving Users Until December to Cash OutWorldPing
Image via Decrypt.

What happened

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 facts

  • 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.
  • Reported by Decrypt and published Wed, 16 Sep 2026 08:01:03 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Coinbase-Backed Crypto Group Warns of Midterms Payback After Clarity Act Fails

  2. CoinEx quits after 9 years as crypto trading activity concentrates at biggest exchanges

  3. Crypto industry turns to US regulators after CLARITY setback

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

Sources

The original report was published by Decrypt. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Decrypt

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Crypto industry turns to US regulators after CLARITY setbackWorldPing
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Crypto industry turns to US regulators after CLARITY setback

The CLARITY Act still has a procedural path after Senator Thom Tillis moved to reconsider the failed cloture vote, though industry executives are divided over whether Congress has enough time left.

Brief by WorldPing · Original reporting by Cointelegraph