In brief
- CoinEx will formally close on Dec. 22, 2026, nine years to the day after it launched, with new signups already halted and spot trading ending Sept. 29.
- Founder and CEO Haipo Yang said he rejected a sale in favor of a “clean ending,” and CoinEx will repurchase its CET token at its original 0.005 USDT listing price with no cap.
- CoinEx joins BitMEX and BitMart in a wave of 2026 exchange closures, months after facing separate scrutiny over alleged Iran-linked crypto flows.
Cryptocurrency exchange CoinEx said Tuesday it will cease operations and begin an orderly wind-down, closing the exchange on Dec. 22—nine years to the day after it went live in 2017. Users have until that deadline to withdraw their funds.
Founder and CEO Haipo…
