WorldPingThe exchange blamed a long market slump, shrinking volume and liquidity, and rising regulatory and compliance costs.
Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.
When each newsroom published on this story, oldest first — all times UTC.
CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction
U.S. DOJ seeks $61 million in what it calls Iran's crypto-laundered black market oil sales
Crypto exchange CoinEx to shut down after 9 years, citing market slump
The original report was published by The Block. WorldPing does not claim that reporting — this page summarises and contextualises it.
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WorldPingCoinEx said falling trading volumes and liquidity, along with rising regulatory and compliance costs, had exceeded “reasonable boundaries,” with withdrawals remaining open until Dec. 22.
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