Gangcoin Announces Delay
Gangcoin updated its followers via Twitter on Tuesday regarding the launch of the $GANG token.
"Due to recent industry developments, GangCoin will launch when there is sufficient regulatory clarity," the tweet read. The token was originally set to be released sometime in 2022, and the team said that is not necessarily out of the question.
Horizen Labs and Fenwick West were working together on the launch of Gangcoin after the launch of Apecoin. Questions have been raised of new coins associated with NFTs after an investigation of Yuga Labs was announced earlier this month.