Global lending marketplace BitLending Club has announced the shut down of its platform following pressure from regulators.
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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…