Posted 9/5/2023, 9:44:09 PM

US-based Genesis Global Trading will eliminate its crypto spot trading service

Genesis Global Trading, an affiliate of Digital Currency Group, will close its cryptocurrency spot trading service on September 18th for business reasons, but its affiliated company will continue to offer spot and derivatives trading services.

cointelegraph.com

Relevant topic timeline:

9/14/2023

Genesis Shuts Down All Crypto Trading Services Amid Industry Troubles

Genesis, the crypto-trading business owned by Digital Currency Group, has ceased all trading operations due to worsening industry conditions and business reasons.

9/14/2023

Genesis Winds Down Trading Operations and Files for Bankruptcy After Massive Crypto Losses

Genesis Global Capital, a crypto lending firm and subsidiary of Digital Currency Group, will cease spot and derivatives trading for crypto assets through its British Virgin Islands unit due to voluntary and business reasons.