“Banxa must take decisive actions to reduce costs now, or else our company won’t be able to succeed over the long run,” wrote Holger Arians, Banxa’s CEO, in a letter to employees as reported by The Australian Financial Review. The Australian firm is a global on-and-off ramp solution, facilitating conversions between digital assets (including cryptocurrencies and NFTs) and fiat currencies.
Australian Crypto Firm Banxa to Cut Staff by 30 Citing Another Crypto Winter’
