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News Explorer — Jane Street and Jump Crypto Scale Back US Crypto Trading Due to Regulatory Uncertainty

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May 9, 9:32 pm
www.bloomberg.com

Jane Street and Jump Crypto Scale Back US Crypto Trading Due to Regulatory Uncertainty

Two of the world's top market-making firms, Jane Street Group and Jump Crypto, are pulling back from trading digital assets in the US due to regulatory uncertainty. Both firms are still making markets, but on a smaller scale, and are looking to expand internationally. Regulatory crackdowns have intensified in the wake of the FTX and TerraUSD failures.

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