RATE Group | Crypto Exchange CoinEx Secures Operating License in Estonia
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Crypto Exchange CoinEx Secures Operating License in Estonia

Crypto Exchange CoinEx Secures Operating License in Estonia

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Press release content from Business Wire. The AP news staff was not involved in its creation.

HONG KONG–(BUSINESS WIRE)–Dec 20, 2019–

CoinEx, a global and professional cryptocurrency exchange service provider, is pleased to announce that it has successfully received the operating license from the Estonian Financial Intelligence Unit (FIU).

CoinEx is now a fully regulated cryptocurrency exchange under the Estonian laws. The license, which has already taken effect since November 2019, enables CoinEx to provide services of exchanging a virtual currency against a fiat currency, as well as a virtual currency wallet service.

“We are very delighted to be granted the license, as it is a milestone and marks the next step of our development,” said Haipo Yang, CEO of CoinEx. “We always stay committed to building trust and reducing potential risks. The license makes us stand out in the industry, and we will…

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