Crypto bank FairX shuts down citing lack of funds, bleak future
Crypto bank project FairX has shut down citing funding issues, according to CoinDesk. The project, which tried to become a decentralized crypto bank run on the Steller ($XLM) network never garnered financial support from VCs due to banking regulations FairX wrote on its Twitter account. FairX wished God speed to Libra, Facebook's crypto banking concept.
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