JPEX Crypto Exchange Faces Troubles over Regulatory Concerns and High Fees

Cryptocurrency exchange JPEX, headquartered in Dubai, has faced significant challenges recently, pointing fingers at regulatory agencies and particular financial institutions in Hong Kong for their current struggles. The exchange accuses these entities of causing liquidity issues by freezing funds, an act they describe as having malicious intent. These challenges have had financial repercussions for JPEX. For instance, their response to these liquidity issues led to increased daily operational expenses, pushing them to make significant changes in their services. By September 18, the...


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