Genesis Global Trading

Genesis Global Trading to Pay $8 Million Penalty, Surrender BitLicense
Genesis Global Trading to Pay $8 Million Penalty, Surrender BitLicense
January 12, 2024  |  Legal

The New York State Department of Financial Services (DFS) has announced that Genesis Global Trading will pay an $8 million penalty to the state and surrender its BitLicense.  These...

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Genesis Global Trading to End Over-the-Counter Crypto Trading in US
Genesis Global Trading to End Over-the-Counter Crypto Trading in US
September 05, 2023  |  Cryptocurrency

Genesis Global Trading, a U.S.-focused spot crypto trading business, will shut down its over-the-counter trading platform on Sept. 18. In an email sent to clients,...

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Growing Scrutiny, Layoffs Mark Next Leg of Post-FTX Crypto Contagion
Growing Scrutiny, Layoffs Mark Next Leg of Post-FTX Crypto Contagion
January 13, 2023  |  Cryptocurrency

It’s been a choppy start to the new year for the crypto industry. This, as millions of customers are out of their entrusted money and...

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Today in Crypto: Belgium Eyes Guidelines for Crypto as Security; Voyager Expects Account Holders Won’t Get All Their Crypto
Today in Crypto: Belgium Eyes Guidelines for Crypto as Security; Voyager Expects Account Holders Won’t...
July 06, 2022  |  Cryptocurrency

Binance has resumed crypto deposits and withdrawals in Brazilian reals using Pix, the government payment system, as of this week, Coindesk wrote Wednesday (July 6)....

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Speculators Are Betting Stablecoin Tether Will Lose Value
Speculators Are Betting Stablecoin Tether Will Lose Value
April 03, 2022  |  Cryptocurrency

Short sellers have been betting against the stablecoin Tether, which a Wall Street Journal report notes has a price that shouldn’t move. But firms such...

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