Genesis Shuts Down All Crypto Trading Services Amid Industry Troubles

Genesis has ceased all crypto trading services, including spot and derivatives trading, according to a spokesperson.
The decision was made voluntarily by Genesis for business reasons.
Genesis previously shut down its U.S. trading desk last week.
Genesis is owned by Digital Currency Group, which also owns CoinDesk.
Genesis was a major institutional trading provider before troubles began last year following Three Arrows Capital and FTX collapses.

coindesk.com

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