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Crypto companies move to Greener Pastures due to Overbearing Regulationsby@Dean_Steinbeck

Crypto companies move to Greener Pastures due to Overbearing Regulations

by Dean Steinbeck4mFebruary 26th, 2019
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Recently, I wrote about the <a href="https://cryptolawinsider.com/sec-killing-innovation/" target="_blank">shutdown of stablecoin, Basis</a>. Like many other projects, Basis was impacted by the <a href="https://cryptolawinsider.com/breaking-sec-guidance-on-icos/" target="_blank">SEC’s latest guidance</a>. But instead of trying to wade through the bureaucracy and sacrifice their principles, Basis’ founders decided to abandon the entire project and walk away from the $133 million they had worked hard to raise from investors.

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