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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.
Unfortunately, our website is currently unavailable in most European countries. In response, Kik said it was "constantly onlone and improving its trust and safety measures".
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Kik Messenger launched in and love advice chat popular largely because it lets people register and use it without providing a phone or other credentials. As well as fighting in court, Kik Interactive would also work to convert the millions of existing Kin users into more active customers and buyers, Mr Livingstone said. So flex, spread, and embrace your new sex buddy with the power of Skype.
The decision also means that 80 staff who keep Kik running will be let go. Messy room?
And growing the community of Kin sextong ificantly would make it far harder for the SEC to prevail. Enjoy a striptease, roleplay, or let your imagination soar. We are engaged on the issue and committed to looking at options that support our full range of digital offerings to the EU market.
We continue to identify technical compliance solutions that will provide all readers with our award-winning journalism. Access to their snapchat, kik, skype and more are just a tap away.
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Get Your Sext on with Other Kik Users For our masters of sext, flex your skills by exciting the imagination of those around you. Kin currently had two million "monthly active sextinv 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". No date has been given for when the Kik app will close.
The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created. Here at LocalSexting, our community of hot locals is growing every single day. Explore your deepest fantasies with people just as wild as you.
Cash community Writing about its decision to switch onkine, 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. 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.
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.
Kik messenger app to shut down
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