BitLending Club Shuts Down Due to ‘Regulatory Pressure’
Global lending marketplace BitLending Club has announced the shut down of its platform following pressure from regulators. BitLending Club to Enter ‘Minimal Functionality’. The global peer-to-peer lending platform, the blockchain-powered counterpart of the popular P2P loan service Lending Club, is regretfully shutting down. The company announced today: […] Over the last year or so, the regulatory pressures has been increasing to the point that it is no longer feasible to maintain the operation of the platform. The company added that it will retain “minimal functionality,” which will start....
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