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Business & Economics

Genius Group Forced to Liquidate Its Bitcoin Holdings, Here's Why

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Genius Group , a Singapore -based education and technology company, must sell its Bitcoin holdings following a US court order.

The decision is part of a legal dispute that has blocked the company from raising funds, issuing shares, or making further Bitcoin purchases.

The firm adopted its Bitcoin reserve strategy last year , but a lawsuit is threatening its BTC resolve.

US SEC is changing its regulatory approach, a move that may favor firms entering the industry.

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