CoinEx Halts Operations After 9 Years, Allows Withdrawals Until Dec. 22

Cryptocurrency exchange CoinEx has halted operations for the first time in nine years, with a withdrawal window open until December 22, according to WuBlockchain. The platform is entering a structured shutdown process, as reported by WuBlockchain. The company cited prolonged market stagnation, declining industry trading volumes and liquidity, and rising regulatory compliance costs across major jurisdictions as key factors behind the decision.