Bitvavo rejects DCG’s 70% repayment proposal

Crypto exchange Bitvavo rejected Digital Currency Group’s (DCG) proposal to repay 70% of its debt because the embattled firm has sufficient funds to make full repayment, according to a Jan. 10 statement. Bitvavo maintained that it was confident that a solution could be found to satisfy all the concerned parties. According to the Netherlands-based company,…