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Stablecoin Startup Basis Shuts Down Eight Months after Raising $133 Million

Crypto New Media
Stablecoin Startup Basis Shuts Down Eight Months after Raising $133 Million

Crypto New Media Press

Stablecoin startup basis shuts down eight months after raising $133 million

According to an article published by Bloomberg, on December 13, 2018, Basis, a stablecoin startup funded by the likes of Bain Capital Ventures, and Andreessen Horowitz has decided to call it a day due to the persistent ambiguity regarding classification of digital currencies as securities. Crypto Industry in Dire Straits Since November 2018, the cryptocurrency […]

The post Stablecoin Startup Basis Shuts Down Eight Months after Raising $133 Million appeared first on Crypto New Media.

Stablecoin startup basis shuts down eight months after raising $133 million

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