French Lawmakers Soften Stance on Compulsory Crypto Licenses

2023-1-25 21:58

Crypto industry advocates had been concerned about tougher rules in the wake of the FTX collapse, and as EU laws bed in.

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$2.8B Crypto-Focused Lending Firm Genesis Halts Withdrawals Fearing A FTX-Induced Bank Run

Genesis Global Capital, the crypto lending unit for crypto investment bank Genesis Trading has decided to halt withdrawals in the wake of the FTX collapse. On Wednesday morning, Genesis held a 7-minute call with customers informing them that withdrawal requests for Genesis Capital had exceeded their liquidity capital.

2022-11-17 12:21