Saturday, November 23, 2024
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Grayscale Declares ‘Business as Usual’ Despite Sister Company Genesis Global Capital Suspending Withdrawals

Genesis Global Capital, the lending arm of crypto investment bank Genesis Global Trading, announced the suspension on Wednesday in response to "extreme market dislocation and loss of industry confidence caused by the FTX implosion," according to Amanda Cowie, vice president of communications and marketing at Digital Currency Group (DCG), the

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Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia – Bitcoin News

A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech companies have been limiting operations in the Russian Federation also in response to Kyiv’s call for help. Payments Giant Paypal

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