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The KUNA cryptocurrency exchange has announced its closure in all countries.

Криптобиржа KUNA сообщила о завершении своей работы во всех странах.

This was stated by the founder of the cryptocurrency exchange, Mikhail Chobanian, in his Telegram channel.

“My reputation is my main asset, and a significant portion of KUNA's clients came due to the trust in me and my team. I thank each client for this trust! Over nearly 11 years, we have traveled a long journey together — from the establishment of the crypto industry itself to the world's first charitable crypto fund to aid the country in wartime,” Chobanian wrote.

According to him, the current World Economic Forum in Davos seems to be the last in the existing paradigm of the world, and we are awaiting colossal changes across the board.

“I want to dedicate my time and attention to these changes now as a player. For this, I must free myself from all distracting factors. As strange as it may sound, business is very distracting and, most importantly, does not allow me to enter this new world order in a neutral status. Therefore, the time has come for difficult decisions — KUNA is completely ceasing its operations in all countries. It is indeed ceasing, not being sold. As I mentioned earlier, KUNA was built on trust, and I do not trade on your trust,” emphasized the founder of the cryptocurrency exchange.