Reddit Puts its Cryptocurrency Plans on Hold

Reddit has put its plans to develop a cryptocurrency, called 'reddit notes,' on hold. The company decided to cease development of reddit notes due to the uncertainty surrounding the legal frameworks for cryptocurrencies, according to a Hacker News post by Reddit co-founder and executive chairman Alexis Ohanian.
"We will be issuing redditnotes," Ohanian said. "Our research leads us to want to wait until the law and technology around cryptocurrency are further along before deciding exactly how