FalconX Cuts 10% of Staff, Withdraws Application for Singapore License
2026-08-04 08:05:55
According to CoinMeta, and as reported by Bloomberg, the digital asset brokerage firm FalconX has laid off 10% of its staff, with approximately half of the employees in its Singapore office being affected. The company has also withdrawn its license application from the Singapore Financial Markets Authority in order to reorient its business focus.
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