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Whatever the last final result, each bear cycle in crypto has skilled such conundrums, and got here out stronger, Xu stated. “Having been on this business for so long as I’ve, this information doesn’t shock me to the purpose the place we have now turn out to be numb to the consequences. It’s to be anticipated,” he stated, including that this gained’t imply the top of crypto banking; slightly, establishments that don’t adapt to new expertise can be left behind.
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