PANews
PANews|Jul 01, 2026 01:18
[Estonian Crypto Exchange Coinmetro Files for Bankruptcy Reorganization] According to Protos, Estonian cryptocurrency exchange Coinmetro has filed for bankruptcy reorganization with an Estonian court, citing financial deterioration caused by the 'failure of a financial service provider over the years,' though the specific partner was not disclosed. On June 22, Coinmetro suspended user registrations, deposits, and withdrawals. CEO Kevin Murcko stated during a YouTube livestream that multiple service providers were actually involved, which contradicts the announcement's claim of 'only one.' He also mentioned that the company initially believed its balance sheet was robust enough, but the issue became critical as the July 1 MiCA compliance deadline approached.
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