Koinex is the latest cryptocurrency exchange to fall prey to India’s ban on virtual currencies. Months after delisting several cryptocurrencies, the exchange has shut down its trading services. The exchange has blamed uncertainty as well as disruptions for the unexpected decision.
Koinex Shutdown
In an official statement, Koinex says it has always wanted to provide blockchain enthusiasts a reliable way of digital trading assets. The government-instituting ban on cryptocurrencies, according to Koinex management, made it impossible to continue offering crypto trading services. The exchange has since given its customers until July 15 to withdraw all their …
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.
All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
