Basis Stablecoin Project Shuts Down Due to Regulatory Hurdles
Basis stablecoin project closes due to SEC securities classification. Investors to be refunded as the market adapts to regulatory challenges.
Basis Closes Door: A Stablecoin Project’s Goodbye to Investors
Basis closes its doors, refunding investors after SEC classification of its secondary tokens as securities. A look at the implications for the stablecoin market.
Basis Secures $133 Million in Funding to Propel Stablecoin Development
Basis raises $133 million from top investors to develop a non-volatile cryptocurrency, aiming to redefine the future of stablecoins.