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FTX Suspends Customer Signups After Widespread Criticism
The crypto exchange is facing an acute liquidity crisis.
Updated May 9, 2023, 4:02 a.m. Published Nov 10, 2022, 10:52 a.m.
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Crypto exchange FTX has suspended new users from signing up on its trading platform following widespread criticism that it was allowing onboarding despite facing liquidity troubles.
- "All onboarding of new clients has been suspended until further notice," a message on the FTX website reads. Withdrawals remain paused.
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The Genius Act ripple effect: Sui executives say institutional demand has never been higher
Evan Cheng and Stephen Mackintosh said 2025 marked a turning point for institutional adoption, with tokenization and agentic commerce emerging as the next frontier.
What to know:
- Executives cited ETF flows, DAT growth and major trading firms entering crypto.
- Tokenization and instant settlement could blur the line between traditional and decentralized markets.
- Low-latency design and composable tooling aim to power AI-driven and tokenized financial use cases.
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