The Zipmex cryptocurrency exchange on Wednesday blocked users from taking direct custody of their coins, citing volatile market conditions godbole17 reports
Established in 2018, Zipmex offers crypto trading and investment services in Thailand, Indonesia, Singapore and Australia.
with investment from the Bank of Ayudhya, one of Thailand's largest banks. As of June, Coinbase had agreed to make a strategic investment in Zipmex and the Singapore-headquartered entity was working on a Series B+ raise projected to raise its valuation to $400 million.
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