| Founded | 2017 |
|---|---|
| Closed | 2022 |
| Country | Latvia |
| Sector | Crypto |
| Collapse type | Slow Death |
| Founder | Liza Aizupiete |
Globitex
"Globitex sold EU regulation as its differentiator, then collapsed when banking partners fled and compliance costs mounted."
Years-long decline before final shutdown
Key Events Timeline
Globitex, a Riga-based cryptocurrency exchange that marketed itself as a fully EU-regulated platform with integrated IBAN accounts, suspended operations in 2022 after failing to maintain regulatory compliance and losing its payment banking partner relationships.
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