Digital asset prime broker FalconX has launched an automated clearing service aimed at improving capital efficiency for cryptocurrency miners in the Asia-Pacific region. The service is part of a broader platform for the industry that FalconX has launched to help miners operating in capital-constrained environments manage liquidity more effectively. FalconX revealed that it offers a service that automatically converts cryptocurrency mining rewards, including bitcoin, litecoin, and other proof-of-work tokens, into dollars.
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