First Mover Americas: Crypto Winter Chills at Digital Currency Group, Coinbase

First Mover Americas: Crypto Winter Chills at Digital Currency Group, Coinbase


Digital Currency Group, a crypto conglomerate that owns CoinDesk, is suspending its dividends until further notice. “In response to the current market environment, DCG has been focused on strengthening our balance sheet by reducing operating expenses and preserving liquidity. As such, we have made the decision to suspend DCG’s quarterly dividend distribution until further notice,” the firm wrote in a letter to shareholders on Tuesday.

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