“It’s a bit weird one of the biggest exchanges in the world isn’t letting us withdraw money for so long,” said one crypto Twitter user. Major exchange OKEx suspended crypto withdrawals on Oct. 16. With little information coming from the firm or its CEO Jay Hao in the time since, users have begun demanding answers… More
OKEx founder Star Xu was reportedly questioned by police a week ago. The founder of major global cryptocurrency exchange OKEx has been reportedly questioned by authorities previous to OKEx suspending cryptocurrency withdrawals.OKEx founder Mingxing Xu, also known as Star Xu, has reportedly been questioned by the police, Chinese news agency Caixin reported today. According to… More
U.S. Trade Representative Robert Lighthizer walks with Chinese Vice Premier Liu He and Treasury … [+] Secretary Steven Mnuchin. Shanghai 2019. NG HAN GUAN/AFP via Getty Images The United States Trade Representative has just made a sharp reversal, declaring that the traditional model of trade liberalization—working with like-minded countries—was dead, and asserting countries instead should… More
Getty This story is part of Forbes’ coverage of Singapore’s Richest 2020. See our full coverage here. Pandemic-induced economic pains have pushed Singapore into recession. For the quarter ended in June, the trade-dependent country reported a year-on-year 13.2% drop in GDP, despite $68 billion in stimulus packages by the government to shore up the economy. The benchmark… More
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