Genesis proclaims winding down of crypto buying and selling companies

Crypto lending agency Genesis, a subsidiary of Digital Forex Group (DCG), will cease providing spot and derivatives buying and selling for crypto property by way of its British Virgin Islands unit.

In line with a Sept. 14 assertion from a Genesis spokesperson, the agency will “voluntarily and for enterprise causes” wind down its digital asset buying and selling companies by way of all of its entities. Genesis had been providing buying and selling companies by way of its Genesis World Capital (GGC) worldwide arm within the British Virgin Islands.

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