The New York Department of Financial Services (NYDFS) says Genesis Global Trading will pay an $8 million fine and surrender its BitLicense. NYDFS said in a press release that investigations found the crypto platform had significant failings in its anti-money laundering and cybersecurity programs. Genesis Global Trading is a subsidiary of Digital Currency Group and […]
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NYDFS says Genesis Global Trading to pay $8M fine, forfeit BitLicense