Thailand’s leading cryptocurrency exchange Bitcoin Co. Ltd. (BX.in.th) is closing down all of its trading operations.
The exchange announced its decision to discontinue trading on Sept. 2. The official website of the exchange states:
“Bitcoin Co. Ltd. has decided to discontinue offering digital exchange services and wallet services at our BX.in.th website in order to focus on other business opportunities.”
Customers need to withdraw their funds before Nov. 1, 2019
The five-year-old exchange, which was regulated by the Thai Securities and Exchange Commission, will not seek to hold a Digital Asset Exchange license for the year 2020 and has therefore asked its customers to withdraw their funds before Nov. 1, 2019.