Southeast Asian crypto exchange Zipmex halts withdrawals


Source: coinjournal.net coinjournal.net

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Southeast Asian crypto exchange Zipmex halts withdrawals Zipmex, a Thai-based crypto exchange, has halted withdrawals citing a combination of circumstances. The Southeast Asian exchange has halted withdrawals until further notice. A tweet by the exchange said: “Due to a combination of circumstances beyond our control including volatile market conditions, and the resulting financial difficulties of our key business partners, to maintain the integrity of our platform, we would be pausing withdrawals until further notice.” Failed acquisition by Coinbase Prior to the halting of withdrawals, Cointelegraph had issued reports that Zipmex could be in trouble but the crypto exchange ended up...