CoinEx addresses compliance concerns following Wall Street Journal article

CoinEx addresses compliance concerns following Wall Street Journal article
CoinEx responds to compliance concerns

CoinEx issued an official statement in response to a recent report published by The Wall Street Journal, acknowledging public concern regarding compliance and anti-money laundering practices.

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CoinEx issued an official statement addressing a recent report published by The Wall Street Journal. The company acknowledged heightened public concern regarding compliance and anti-money laundering practices, and affirmed its respect for media oversight and press freedom.

The post did not disclose further details about the content of the report or specific actions CoinEx may take in response.

CoinEx is a multifunctional cryptocurrency exchange that offers trading in Bitcoin, Ethereum, USDT, and a wide range of other cryptocurrencies and tokens. The platform features a web terminal and a mobile application, provides fixed fee structures based on trading level and VIP status, and supports functions such as market making and an ambassador program. For more details about its features and account options, visit the broker profile on Traders Union.

For more background, see our earlier news about CoinEx, which detailed allegations of the broker processing billions in transactions linked to sanctioned Iranian entities and its role in facilitating cross-border crypto movements.

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