🚨END OF AN ERA: Longstanding crypto exchange CoinEx shuts down in the crypto winter's most recent wind-down. After nearly a decade in the market, CoinEx is officially closing its doors amid prolonged weak activity, shrinking trading volumes and liquidity, and rising regulatory and compliance costs across major jurisdictions. The exchange will halt futures trading on September 22, spot trading on September 29, and all withdrawals will close on December 22, 2026. CoinEx’s exit marks another major blow for smaller centralized exchanges as the crypto market becomes increasingly dominated by larger CEXs and DEXs, while regulatory costs continue to squeeze smaller players.