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…