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Genesis Global agrees to pay $21M to settle with SEC / Polygon Labs reduces headcount by 19% / Tether launches educational arm [EN]
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Genesis Global agreed to a $21M settlement with the SEC over securities law violations, crypto exchange OPNX announced its shutdown following a significant price drop in its tokens, Binance faces challenges re-entering the U.K. market due to regulatory concerns, Polygon Labs announced a 19% workforce reduction, Hong Kong set a deadline for crypto firms to apply for a license, and Tether launched an educational arm, Tether Edu, to foster blockchain talent.
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