In a surprising turn of events, Dasset, a well-established cryptocurrency exchange based in New Zealand, has announced that it is entering into liquidation. This decision comes as a blow to the exchange’s customers, who are currently unable to access their funds. Reports indicate that some customers have been experiencing difficulties withdrawing their funds for several months, causing growing concern among the user base. The challenges faced by cryptocurrency enterprises, including the consolidation of major digital assets and increasing regulatory pressures, are contributing to the tumultuous environment. The appointment of Grant Thornton as the liquidator highlights the seriousness of the situation. The decision to liquidate appears to be a result of banking challenges stemming from regulatory pressures in Australia and New Zealand, which have led local banks to withhold services from cryptocurrency-related firms. The liquidators are actively working to recover assets from international exchanges, but the situation remains uncertain for Dasset’s customers.

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Information	Details
Geography	Australia
Countries	🇳🇿 🇺🇸 🇦🇺
Sentiment	negative
Relevance Score	1
People	None
Companies	Dasset, Grant Thornton
Currencies	None
Securities	None