Thai crypto exchange Bitcoin Co. decided to close down after running for five years. All trading on the exchange will stop from Sep 30, and all deposits will be halted after Sep 6. Bitcoin Co. Ltd, also known as Bx.in.th, will not seek a renewal of its Digital Asset Exchange license. Reason behind this sudden decision is unclear, but it seems the team will not change its mind.
“Bitcoin Co. Ltd. has decided to discontinue digital exchange and wallet services in order to focus on other business opportunities,” it said in a statement.