The post FTX to Liquidate $200M in Crypto Assets Weekly from Sept 13th! appeared first on Coinpedia Fintech News
Cryptocurrency exchange FTX has been granted approval to liquidate its assets as of September 13th, with plans to sell up to $200 million of digital coins per week. The decision comes amid growing regulatory pressure and allows the company to focus on its core business. With assets of $3.4 billion in April, the move could help establish FTX as a mainstream asset in the future and could ultimately benefit the broader crypto industry, despite potential short-term volatility.
Source: https://coinpedia.org/crypto-live-news/ftx-to-liquidate-200m-in-crypto-assets-weekly-from-sept-13th/