Genesis agrees to a settlement with the NYDFS, under the terms of which it will surrender its BitLicense, cease operations in New York, and pay an $8M fine (Leo Schwartz/Fortune)

Leo Schwartz / Fortune:

Genesis agrees to a settlement with the NYDFS, under the terms of which it will surrender its BitLicense, cease operations in New York, and pay an $8M fine  —  The New York Department of Financial Services plans to announce later today a settlement with Genesis Global Trading …