Hong Kong-founded crypto exchange CoinEx to shut down

Platform recently flagged for Iran traffic blames weak trading, regulatory scrutiny Hong Kong-founded crypto exchange CoinEx says it is shutting down, citing a market slump and other factors. (Photo by Yuji Murakami) HONG KONG — Hong Kong-founded cryptocurrency exchange CoinEx on Tuesday said it will begin to wind down its operations and services, as thinning trading volume and more onerous regulatory requirements strain digital asset exchanges.

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