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. According to The Defiant, 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 development comes amid ongoing regulatory scrutiny in the sector. The Defiant reports that this marks a significant milestone for the industry. The The Defiant report provides additional context on the implications for market participants and regulatory frameworks moving forward.
