WorldPingFounder and CEO Haipo Yang cited mounting security and compliance risks and said he rejected a sale in favor of a “clean ending.”…
Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.
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CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction
Crypto exchange CoinEx to shut down after 9 years, citing market slump
Coinex Is Closing After 9 Years, and Its Founder Won’t Sell It
Hong Kong crypto exchange CoinEx to cease operations after 9 years in business
Russia Classifies Crypto as Major Risk to Monetary Sovereignty
House committee releases sweeping crypto tax bill ahead of Wednesday markup
The original report was published by CoinDesk. WorldPing does not claim that reporting — this page summarises and contextualises it.
Read the full report at CoinDesk
WorldPingThe exchange blamed a long market slump, shrinking volume and liquidity, and rising regulatory and compliance costs.
Brief by WorldPing · Original reporting by The Block
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.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingCoinex, the exchange Haipo Yang launched in December 2017, will end spot trading on Sept. 29 and shut down completely on Dec. 22, blaming a long crypto slump and rising compliance costs. The Calendar Users Need Coinex announced an orderly wind-down on Sept.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingFor a second year in a row, The Pitt has been honored with the Emmy Award for Outstanding Drama Series.
Brief by WorldPing · Original reporting by Deadline
WorldPingAmong its provisions is a $10 exception for certain fees paid in crypto, along with provisions covering stablecoins, mining, and staking.
Brief by WorldPing · Original reporting by The Block
WorldPingThe Bank of Russia’s latest draft policy document classifies cryptocurrencies and stablecoins as major financial market risks, citing threats to monetary sovereignty, potential complete losses for investors, and their role in enabling shadow markets.
Brief by WorldPing · Original reporting by Bitcoin.com
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