Genesis has reached a settlement with the New York Department of Financial Services, agreeing to give up its cryptocurrency license and pay a fine of 8 million dollars
According to Fortune Crypto, Genesis has reached a settlement with the New York Department of Financial Services (NYDFS), which will result in the confiscation of its cryptocurrency license "BitLicense" and payment of an $8 million fine, as well as the cessation of its operations in New York.
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Data: Long-term holders collectively own 14.35 million BTC, accounting for approximately 68.3% of the total supply.
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MoreAnalysis: Bitcoin options with a notional value of approximately $23.8 billions will expire on December 26, potentially leading to concentrated liquidation and repricing of risk exposure at year-end.
Data: Long-term holders collectively own 14.35 million BTC, accounting for approximately 68.3% of the total supply.
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