Algorand Cuts Workforce as SEC Labels ALGO a Commodity

The 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 […]