AscendEX Halts Operations, Freezes Automated Withdrawals
The post AscendEX Halts Operations, Freezes Automated Withdrawals appeared on BitcoinEthereumNews.com. Crypto exchange AscendEX ceased operations effective July 1, 2026, and moved all withdrawal requests to manual review starting July 6, according to a notice posted on its website addressed to retail account holders. Crypto exchange AscendEX ceased operations effective July 1, 2026, and moved all withdrawal requests to manual review starting July 6, according to a notice posted on its website addressed to retail account holders. The exchange cited the European Union’s Markets in Crypto-Assets Regulation (MiCA), which took full effect July 1 and under which AscendEX holds no authorization, alongside broader “regulatory, financial and operational considerations,” the notice said. Customers can no longer open accounts, deposit, trade, swap, stake or lend on the platform; access is now limited to offboarding tasks such as withdrawal requests, KYC updates and transaction-history exports. Wi