By CryptoNews - 1 year ago - Reading Time: 1 minutes
Top Market Makers Jane Street and Jump Crypto Pare Down US Crypto Operations Amid Regulatory Pressure
Two prominent market-making firms, Jane Street Group and Jump Crypto, are cutting back their digital asset trading activities in the US due to heightened regulatory pressure.Jane Street is also scaling back its global crypto ambitions due to regulatory uncertainty, which makes it difficult for the company to operate in a way that meets regulatory standards in the US, Bloomberg reported Wednesday, citing people familiar with the matter. ...
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Original source: CryptoNews