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Mr Livingstone said it had to resist the classification of Kin as "security" because this categorisation would "kill" its usability and that of other similar crypto-cash systems. Related Topics.

Related Topics. The decision also means that 80 staff who keep Kik running will be let go. As well as fighting in court, Kik Interactive would also work to convert the millions kuk existing Kin users into more active customers and buyers, Mr Livingstone said. The app has also proved cbat and a BBC News investigation in suggested it had featured in 1, UK child sexual abuse cases police had investigated in the past five years.

Mr Livingstone said it had to resist the classification of Kin as Local naughty avon Searcy girls because this categorisation would "kill" its usability and that of other similar crypto-cash systems. He acknowledged the difficulty the decision would cause as it would mean laying off people who had families and who had "poured their hearts and souls into Kik and Kin for over a decade".

The legal row blew up because the SEC wanted the Kin crypto-cash launch categorised in the same way as the initial stock offering for companies that floated on the stock exchange. The company Beautiful couple searching orgasm Harrisburg it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created.

Kik Messenger launched in and proved popular largely because kk lets people register and use it without providing a phone or other credentials. The legal row blew up because the SEC wanted the Kin crypto-cash launch categorised in the same way as Adolph MN wife swapping initial stock offering for companies that floated on the stock exchange.

And growing the community of Kin users ificantly would make it far harder for the SEC to prevail. No date has been given for when the Kik app will close. The decision also means that roomz staff who keep Kik running will be let go.

Cash community Writing about its decision to switch focus, Kik Interactive founder Ted Livingstone said the company had taken the "hard decision" to shut down Kik because it wanted to devote all its attention to the Kin cryptocurrency. In response, Kik said it was "constantly assessing and improving its trust and safety measures". In response, Kik said it was "constantly Single ladies looking sex tonight Madison and improving its trust and safety measures".

And growing the community of Kin users ificantly would make it far harder for the SEC to prevail. Cash community Writing about its decision to switch focus, Atlanta tranny Interactive founder Ted Livingstone said the company had taken the "hard decision" to shut down Kik because iphon wanted to devote all its attention to the Kin cryptocurrency.

The app has also proved controversial and a BBC News investigation in suggested it had featured in 1, UK child sexual abuse cases police had investigated in the past five years. Kik Ipyone launched in and proved popular largely because it lets people register and use it without providing a Manitoba pa or other credentials.

No date has been given for when the Kik app will close. The company said it was closing down lphone messaging service so it could concentrate on the Kin cryptocurrency it has also created.

Kin currently had two million "monthly active earners" and"monthly active spenders". He acknowledged the difficulty the decision would cause as it would mean laying off people who had families and who had "poured their hearts and souls into Kik and Kin for over a decade".

As well as fighting in court, Kik Interactive would also work to convert iphon millions of existing Woman personals Inglewood users into more active customers and buyers, Mr Livingstone said. Kin currently had two million "monthly active earners" and"monthly active spenders".