Tag: Digital Currency Group
Genesis Global Capital’s Bankruptcy Proceedings: Liquidating $1.6 Billion Trust Assets
The request from Genesis Global Capital and its affiliated debtors underscores the critical importance of selling off approximately $1.4 billion worth of GBTC...
The EU Council approves the world first comprehensive crypto regulations
According to the IMF, about 20% of Africa has explicitly banned the use of cryptocurrency.
On 16 May, finance ministers of the EU...
Crypto state and regulations of Angola
Jose de Lima Massano, the governor of the National Bank of Angola(BNA), saw the vast potential of Africa's crypto industry.
Around 2018, during...
South Africa’s Luno crypto exchange forced to cut of 35% of its staff to survive
Luno recently announced its plans to lay off 35% of its Workforce on the 1st of February.
In 2020, DCG officially purchased...
Genesis joins the list of bankrupt crypto companies
The crypto lender Genesis initially started as a subsidiary of the Digital Currency Group by Barry Silbert in 2013.
Genesis officially filed for...
