BX.in.th Exchange Thailand shutting down

[kangarooski]

Just heard of the biggest crypto exchange in Thailand is closing its doors.

BX.in.th Discontinuing Trading Services

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.

This means that after September 30^th 2019 all trading on the BX.in.th will be stopped.

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 1^st, 2019.

After 1 November 2019, the company will continue to open the BX.in.th website only as a method for customers to contact the company about outstanding issues.

All deposits will be disabled after September 6^th, 2019.

If you need any assistance in withdrawing funds please open a support ticket and our staff will be happy to assist you.

We thank our loyal customers for using our BX.in.th services over the past 5 years and trust you have been happy with the service provided. Please note that all fund are completely safe and all customers will receive 100% of their funds returned to them.

[cryptomanz]

They're saying they have other ventures, that's why the shut down, i definitely don't believe that bs

[kangarooski]

well it seems to be confirmed!

“BX may be worried about providing customer information and trading information to the Securities and Exchange Commission [SEC] on a daily basis. The SEC does cross-check for prices of digital asset transactions every day.”

https://btcmanager.com/thailand-bx-b...e-regulations/

Regulations got the best of BX