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It Turns Out “Bond Tokens” And “Share Sokens” Might Just Be Classed As Securities
FYI: Remember Basis, the “stablecoin” backed by . . . stability? Back in June we broke the news that Stanford economist, and author of the “Taylor rule”, John Taylor had joined the project. Well, it's shutting up shop.
Basis had a big idea — it wanted to marry traditional monetary theory with cryptonomics, to deliver “a stable cryptocurrency with an algorithmic central bank”.
