Stablecoin project Basis, backed by Bain Capital, GV, and a16z, confirms it is closing due to regulatory issues and will return the $133M capital raised (@delrayman / Forbes) http://www.forbes.com/sites/michaeldelcastillo/2018/12/13/sec-rules-kill-cryptos-top-funded-startup/ …http://www.techmeme.com/181213/p30#a181213p30 …

Stablecoin project Basis, backed by Bain Capital, GV, and a16z, confirms it is closing due to regulatory issues and will return the $133M capital raised ( @delrayman / Forbes) http://www.forbes.com/sites/michaeldelcastillo/2018/12/13/sec-rules-kill-cryptos-top-funded-startup/ … http://www.techmeme.com/181213/p30#a181213p30 …

from Twitter Search / ForbesCrypto https://twitter.com/Techmeme/status/1073305262260400129