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Cryptopolitan 2023-10-11 07:26:34

Bitfinex’s owner, iFinex, proposes a $150 million share buyback amid rising regulatory pressures

As the global regulatory atmosphere around cryptocurrency firms tightens, iFinex Inc., the Hong Kong-based proprietor of crypto exchange Bitfinex, steps towards consolidating more control over its operations. According to a report by Bloomberg, IFinex has proposed a $150 million share buyback to acquire about 9% of the company’s outstanding capital. The particulars of this offer ... Read more

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