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Bitcoin Bitcoin Share: 59.75%
Markets: 90875
coinpedia
2023-01-18 06:50:07

Expect More Insolvency in Crypto Industry this Year – Circle CEO Says at WEC

Expect More Insolvency in Crypto Industry this Year – Circle CEO Says at WEC

The post Expect More Insolvency in Crypto Industry this Year – Circle CEO Says at WEC appeared first on Coinpedia Fintech News Jeremy Allaire, the CEO of Circle, in an interview with CNBC’s Arjun Kharpal at the World Economic Forum in Davos, Switzerland said some crypto companies are struggling to raise capital thus more insolvency is looming in 2023. According to Allaire, the ongoing crypto contagion and increased distress from government regulations are likely to push struggling …

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