Bitcoin Falls Below $27,000 as U.S. Regulatory Crackdown Pressures Crypto's Biggest Market Makers
Crypto prices slid on Thursday as investors weighed Jane Street and Jump Crypto’s pull back from U.S. trading.
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Crypto prices slid on Thursday as investors weighed Jane Street and Jump Crypto’s pull back from U.S. trading.
The move comes as U.S. regulatory scrutiny of the crypto industry has intensified, Bloomberg reported.
Market-making firms Jane Street and Jump Crypto are exiting the United States in light of regulatory uncertainty for the industry.
New legislation and regulatory collaboration are transforming the South American powerhouse.
Jane Street Group and Jump Crypto are pulling back from their crypto trading ambitions as U.S. regulators up their efforts to quash the industry. Furthermore,…