“Growth has been hard to predict in this extended bear market and uncertain regulatory environment,” a spokesperson for Arca told CoinDesk. “Our headcount adjustment will allow us to preserve capital and resources giving us a greater chance of success until this sector experiences a shift in sentiment and a clear regulatory picture.”
Related posts
-
Crypto Voters Are the Key to Victory in 2024
Stand With Crypto, our advocacy group, held a successful tour through five swing states — AZ,... -
Pakistan proposes new crypto framework to central bank rules
The State Bank of Pakistan has proposed a legal framework to recognize digital assets, including cryptocurrency,... -
Michigan Pension Fund Invests $10 Million in Grayscale’s Ethereum ETFs
Reports indicate that the State of Michigan Retirement System...