Paybase Announces $20 Buy Back Scheme for Paycoin

By January 12, 2015Bitcoin Politics

Embattled cryptocurrency platform Paybase is launching a buy-back scheme to match the US$20 floor that their Paycoin currency was expected to hold. Announcing a system based upon “monthly disbursements” of Bitcoin to pay for any XPY re-purchased by Paybase in the scheme, the company stated that “we seek to uphold the promises we make”.

Making the announcement on the PayBase blog, the company owned by GAW is seeking to undo the damage done to its […]

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