Bitcoin
Startup Purse.io Shuts Down After Six Years
Purse.io, a bitcoin startup
that helped users shop on Amazon with bitcoin (BTC) and bitcoin cash (BCH) by
connecting those looking to sell Amazon gift cards with those looking to buy
at a discount using crypto, has announced it’s shutting down after six years
in the space.
The email reads:
"We’ve made the very difficult
decision to dissolve the company. We’re grateful for the opportunity afforded
by our supporters to build products and infrastructure for the cryptocurrency
community."
Speaking to CoinDesk, Purse support manager Eduardo
Gómez noted it was a “business decision, nothing funky going on.” The startup
will continue to facilitate services until June 26, but new signups are now
disabled and its “shop” and “earn” functionalities will be disabled on April
23.
Purse will cease operations on
June 26, 2020.
