CoinEx Responds to Wall Street Journal Report, Details Compliance Measures and Iran-Related Risk Controls
Summary
CoinEx publicly responded to a Wall Street Journal report about its historical exposure to Iran-related crypto transactions. The exchange denied maintaining commercial relationships with sanctioned Iranian entities and said it has expanded sanctions screening, geo-fencing, higher-risk account review, and KYT monitoring. CoinEx also said it plans to keep investing in AML, due diligence, transaction monitoring, and blockchain risk intelligence as regulations evolve. The company framed the issue as a compliance and attribution dispute, not evidence of knowingly serving sanctioned parties.
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