Thursday, March 28, 2024
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US-based Genesis Global Trading will eliminate its crypto spot trading service

Genesis Global Trading (GGT) will close down its cryptocurrency spot trading service on Sept. 18, according to press reports. GGT is affiliated with the Digital Currency Group (DCG), but it was not affected when the parent company’s crypto lender, Genesis Global Capital, declared bankruptcy in January. The GGT trading shutdown is

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US-based Crypto Companies Threaten to Move Businesses Abroad due to Unfavorable SEC Regulation

A growing number of US-based crypto companies are considering leaving the country due to increasingly harsh SEC crackdowns. Following a harsh crackdown by the Securities and Exchange Commission (SEC) in the US, several crypto companies threatened to leave the country. On Sunday, reports stated that these US-based crypto players are testing their lobbying

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Celsius announces only transfers from accredited US-based investors will be able to earn rewards

Crypto lending firm Celsius Network has announced it will be launching a custody solution for users based in the United States in response to discussions with local regulators.In a Monday announcement, Celsius said its ​​Earn product, which allows users to earn interest on crypto, would be unavailable to U.S. residents

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Crypto exchange FTX launches NFT marketplace for US-based customers

After witnessing the parabolic growth of the non-fungible token (NFT) ecosystem since the turn of the year, popular cryptocurrency exchange FTX have become the latest crypto platform to announce the launch of a native NFT marketplace.Exclusive for United States-based customers, the platform will enable users to mint, buy and sell

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US-based Customers Bank to Offer Banking Services to Crypto Firms

West Reading, Pennsylvania-based Customers Bank is the latest bank to join the list of FDIC-insured institutions in the country keen on working with cryptocurrency companies. Customers Bank to Work with Crypto Firms For the uninitiated, Customers Bank boasts about $19.6 billion in assets and, at present, commands assets worth of 0.52% of

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