Odaily Planet Daily News According to an email sent to customers on Tuesday, Genesis's spot cryptocurrency trading business will be closed later this month.
Specifically, Genesis Global Trading (GGT) will shut down its over-the-counter trading platform on September 18. All trades must be settled by September 21st, and all remaining open accounts will be closed on the 30th.
“The decision was taken voluntarily for commercial reasons,” the email said. Another trading-focused subsidiary, GGC International Limited, will continue to operate its spot and derivatives trading services. (CoinDesk)