09:08
BYEX exchange platform has initiated the business contraction and system decommissioning preparation process, and will soon cease operations.
The digital asset trading platform BYEX has begun a comprehensive business contraction and is preparing to cease operations due to force majeure factors and long-term strategic adjustments. Users are required to transfer their assets before December 31, 2025. Analysts point out that this move reflects the regulatory uncertainty and competitive pressures faced by mid-sized trading platforms.