ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received …
Read More »Digital Currency Group halts dividend payment
Bloomberg Digital Currency Group, the struggling crypto empire whose Genesis Global Capital lending unit is trying to stave off bankruptcy, said it’s suspending quarterly dividends to preserve cash. The move comes as the group focuses on “strengthening our balance sheet by reducing operating expenses and preserving liquidity,†according to a letter to shareholders.
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