PANews reported on January 14th that, according to an official announcement, cryptocurrency exchange ProBit Global announced on December 31st, 2025, that due to the rapidly changing regulatory environment and strategic business restructuring, all services on the platform will be officially terminated from 08:00 (UTC+8) on February 26th, 2026. Spot trading will cease at 08:00 (UTC+8) on January 28th, 2026, while standard withdrawal services will remain open until 07:59 (UTC+8) on February 26th, 2026. All users are strongly urged to complete withdrawals before this deadline to avoid potential asset losses or administrative fees.
The delayed asset return period is from 08:00 (UTC+8) on March 1, 2026 to 07:59 (UTC+8) on April 1, 2026. If a user fails to withdraw their assets before the end of the standard withdrawal period, their account will be considered inactive, and any remaining assets will be subject to maintenance fees to cover infrastructure and hosting services. These fees will be charged strictly from 08:00 (UTC+8) on March 1, 2026. According to the Terms of Service, any assets not withdrawn before 07:59 (UTC+8) on April 1, 2026 will be considered abandoned and permanently lost.


Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus. US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025.At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said:Powell said that the “median” FOMC projection from the Federal Reserve’s Summary of Economic Projections (SEP), the Fed’s quarterly outlook for the US economy that informs interest rate decisions, projected interest rates at 3.6% at the end of 2025, 3.4% by the end of 2026, and 3.1% at the end of 2027.Read more
