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The largest cryptocurrency exchange in Thailand is closing operations

FX Street
Updated:
  • BX crypto exchange, regulated by Thai SEC, has announced that they will be stopping their operations.
  • The company offered little in terms of reasoning, other than they are ‘focusing on other business opportunities’.

Top cryptocurrency exchange in Thailand, BX crypto exchange, which is regulated by Thai SEC. The company has officially announced that it would be discontinuing digital asset trading services at the end of the month.  

The crypto exchange announcement came as somewhat as a surprise, offering little explanation other than the company, Bitcoin Co. Ltd, was ‘focusing on other business opportunities’.

BX crypto exchange announced:

 

We ask that all customers withdrawal any funds held at the BX.in.th website into their own bank account or digital wallet. The company will not be seeking to hold an SEC issued Digital Asset Exchange license for the year 2020, and we ask all customers to withdraw their funds before November 1st, 2019.

 

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