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Payments

Explore the latest developments in cryptocurrency as we delve into the significant shifts in U.S. policy, analyze market dynamics, and unpack legal challenges. This overview provides insights into the evolving landscape of digital finance, highlighting how bipartisan support, market trends, and legal actions are shaping the future of cryptocurrency trading and regulation.

In a pivotal court ruling, Genesis Global has been authorized to return approximately $3 billion in assets to its customers as part of its bankruptcy liquidation plan. The decision leaves Digital Currency Group, the parent company, without any financial recovery from Genesis’ assets. This unfolds amidst ongoing disputes over the valuation of cryptocurrency claims, highlighting significant challenges in the crypto lending space.