Tag: closure
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CoinEx Announces Orderly Wind-Down and Permanent Closure After Nine Years of Global Operations Following Regulatory Pressures and Market Shifts
CoinEx, a veteran cryptocurrency exchange with its operating headquarters in the Seychelles, has officially announced that it is entering a period of orderly wind-down, signaling the end of its nearly decade-long presence in the digital asset market. The platform, which has navigated multiple market cycles since its inception in late 2017, confirmed that all user…
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CoinEx Announces Orderly Wind-Down and Closure After Nine Years of Global Operations.
In a move that marks the end of an era for one of the industry’s long-standing trading platforms, the Seychelles-based cryptocurrency exchange CoinEx has officially announced it will cease all operations by late 2026. The decision, described by the company’s leadership as a strategic and "orderly wind-down," concludes nearly a decade of service in the…
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Citadel Securities CEO Ken Griffin Warns of Global Recession Amidst Strait of Hormuz Closure
The closure of a critical waterway for oil shipments, specifically the Strait of Hormuz, poses a significant threat of a global and U.S. recession, according to billionaire founder and CEO of Citadel Securities, Ken Griffin. In a recent interview with CNBC, Griffin articulated his concerns, emphasizing that prolonged disruption to this vital chokepoint for approximately…
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