**Fairdesk to Shut Down by November 2024**

Singapore-based cryptocurrency exchange Fairdesk has announced it will cease all operations on November 30, 2024. The news, shared via a post on X.com and a press release, marks the end of the platform that launched in 2021 and catered to traders in the U.S. and Canada.

Fairdesk cited evolving policies as the reason for the closure. Customers must clear their accounts by October 17, after which only withdrawals will be allowed until the final shutdown date.

This comes amid a wave of regulatory changes affecting crypto exchanges, with Gemini also announcing a Canada exit by the end of 2024.