South Korea’s Zeniex Exchange to Shut Down After Less Than 6 Months

Barely five months after Zeniex was launched, the South Korean cryptocurrency exchange is closing shop.

Barely five months after Zeniex was launched, the South Korean cryptocurrency exchange is closing shop.

The exchange, which was unveiled in May, has disclosed that it will cease all operations on November 23. Zeniex blamed the development on the problems facing its ZXG token.

“… with recent issues regarding ZXG, we have gone through great deliberation both internally and externally,” read a statement from the exchange. “As a result, we have come to the conclusion that continuing to operate such service will be difficult.”

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