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Nomura’s Cryptocurrency Unit Faces Profitability Delays!

September 8, 2023
in Crypto Exchanges
Reading Time: 1 min read
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Creator: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

Sep 8, 2023 10:31

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Nomura Holdings Inc. ‘s cryptocurrency unit, Laser Digital, could face delays in reaching profitability because the latest market rout in digital property has affected buying and selling volumes and disrupted enterprise plans. The unit had initially deliberate to show a revenue by 2024, however its CEO, Jez Mohideen, has warned that this purpose could also be pushed again as a result of ongoing challenges going through the crypto market. The sector has additionally confronted regulatory modifications, additional impacting its development potential.

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Tags: CryptocurrencyDelaysfacesNomurasProfitabilityunit
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