Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    X (Twitter)
    Blockchain Journal
    Home ยป The largest bitcoin exchange in Thailand announced the closure, but did not name the reason

    The largest bitcoin exchange in Thailand announced the closure, but did not name the reason

    0
    By BlockchainJournal on September 4, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Thailand's leading cryptocurrency exchange Bitcoin Co. Ltd. (BX.in.th) announced that it will cease all operations on September 30th. Users must withdraw all funds by November 1.

    We will be halting all trading on September 30th 2019, please read the details here: https://t.co/R2PzRoHxeD

    – Bitcoin Co. Ltd. (@BitcoinThai) September 1, 2019

    So, the exchange is not going to renew the license for providing trade in digital assets from the local Securities and Exchange Commission for 2020. Deposits will be stopped on September 6th.

    Representatives of the exchange thanked the loyal users for five years of work, stressing that all the funds are completely safe, but still did not disclose the reasons for closing the business.

    Interestingly, at the moment, the region is actively promoting another site – BitKub. BlockchainJournal sources say that the real reason for the closure of BX.in.th could be pressure from regulators with the assistance of a new player.

    Recall that at the end of last year it became known that the South Korean Upbit also intends to enter the Thai market.

    Subscribe to BlockchainJournal news on Telegram: BlockchainJournal Feed – the entire news feed, BlockchainJournal – the most important news and polls.

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    BlockchainJournal.news

    Bitcoin Business Featured Telegram Upbit Work
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Pi Coin Records a 30% Weekly Rise Amid the Mainnet Migration

    October 29, 20252 Mins Read

    XRP and SOL futures interest explodes reaching historic record on CME

    October 29, 20253 Mins Read

    Crypto reporting in Norway skyrockets 30%, surpassing $3.9 billion in declarations

    October 29, 20252 Mins Read

    Bitcoin and Ether Brace for $17 Billion Crypto Options Expiry Amid Fed Meeting

    October 29, 20252 Mins Read

    Coinbase surpasses $1 billion in U.S. Bitcoin loans using Defi strategy

    October 28, 20252 Mins Read

    $2 Trillion Japanese Giant TIS Launches Innovative Multi-Token Platform on Avalanche

    October 28, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.