According to Bloomberg, Cryptocurrency Companies Have Serious Problems

According to Bloomberg’s analysis there are many crucial areas in which cryptocurrency companies fail if they want to be successful . Their research seems to impact the industry as people started to question these companies’ reliability . According to the findings many businesses ignore established rules and lack the necessary governance to avoid another disaster.

Bloomberg’s Analysis Revealed Several Shocking Truths

Sixty cryptocurrency companies that satisfied one or more of the following criteria were the subject of the investigation: they are publicly listed, have raised private equity funding of more than $1 billion or have substantial influence in their sector as of January 2023 .

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