As of 1 January 2024, they only loan out to business entities with stated business purposes. They won't give out Bitcoin-backed personal loans

Reply to this note

Please Login to reply.

Discussion

interesting, what's the reasoning? regulation compliance?

Not sure. They didn't really give out specific information. It could be they're just more comfortable giving loans to larger entities but it's also possible they're feeling regulatory pressure and adjusted their business model.

I mean, collateral is collateral, IMO.