Genesis creditors to expect 80% recovery under proposed restructuring plan
Digital Currency Group (DCG) plans to hand its equity stake in Genesis’ trading arm to Genesis Global, which will then be sold, pending court approval.
Digital Currency Group (DCG) plans to hand its equity stake in Genesis’ trading arm to Genesis Global, which will then be sold, pending court approval.
Original source
Read on CointelegraphRelated market context
SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks
The SEC just removed the single biggest legal obstacle standing between Crypto DeFi and US equity markets. On June 11, the agency...
Cardano Discord Migration Plan After X Drama for Governance
Key Takeaways: Charles Hoskinson is looking to move these Cardano community discussions from X to Discord. All cardano and midnigh...
Citigroup Launches Tokenized Private Share Trading for Wealthy Global Clients
Citigroup is creating a blockchain-based service that lets wealthy and institutional clients trade exposure to private companies t...
2026 World Cup Group F kicks off with Netherlands vs Japan, and crypto is finally on the pitch
The integration of crypto in the World Cup could revolutionize sports sponsorships, fan engagement, and digital asset adoption glo...
Iran says US agreed to uranium dilution plan as crypto becomes key sanctions workaround
The potential easing of sanctions on Iran could redefine the role of cryptocurrencies in global finance, impacting geopolitical an...
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a...