BitMart, one of the world’s largest cryptocurrency exchanges by trading volume, has announced the orderly shutdown of its trading platform operations. Starting July 26, the exchange will stop new registrations and suspend cryptocurrency and fiat deposits, while full trading services will end on August 26, 2026. This strategic decision, made after evaluating market conditions and future direction, is not related to a security breach or insolvency event. The shutdown follows a broader trend in the industry, as BitMEX also announced this week it would cease operations after more than 11 years, with a deadline of September 23, 2026.
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