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

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: The Block
Crypto exchange CoinEx to shut down after 9 years, citing market slumpWorldPing
Image via The Block.

What happened

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

Key facts

  • Reported by The Block and published Tue, 15 Sep 2026 06:22:17 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. CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction

  2. U.S. DOJ seeks $61 million in what it calls Iran's crypto-laundered black market oil sales

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

  4. Coinex Is Closing After 9 Years, and Its Founder Won’t Sell It

  5. Bitcoin self-custody creates a massive cost-basis blind spot on your 2026 crypto tax forms

Sources

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

Read the full report at The Block

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