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Algorand Cuts Workforce as SEC Labels ALGO a Commodity

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Algorand Cuts Workforce as SEC Labels ALGO a CommodityThe Algorand Foundation has reduced its workforce by 25% amid market uncertainty, even as the SEC clarified ALGO’s status as a digital commodity. The move reflects a strategic reset rather than a retreat from long-term growth. Layoffs Hit Algorand as Market Pressures Collide With Regulatory Clarity The Algorand Foundation has announced a 25% reduction in […]
2h ago
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