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The Times of India

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THE TRUTH ABOUT: Indian crypto exchange coindcx cuts staff by 12 - Caught on Camera

CoinDCX Crypto India

Indian cryptocurrency exchange CoinDCX is reducing its staff by 12%, after the platform’s revenues were hit by an ongoing slump in virtual currency trading.

As part of a drive to cut costs, the firm is also refocusing its strategy and investing in automation, CoinDCX’s founders Sumit Gupta & Neeraj Khandelwal said in a statement announcing the job cuts on Tuesday.

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