Fairdesk crypto exchange to shut down, cites market conditions

Fairdesk, a Singapore-based crypto exchange launched in 2021, will permanently close on Nov. 30.

The decision comes amid shifting market conditions and regulatory changes, according to a company release.

Fairdesk built a reputation for offering futures trading, spot trading, and other crypto services to a global user base. However, the company’s leadership has opted to wind down operations, citing challenges in the current environment.

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