#Regulatory Pressure

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#Regulatory Pressure

3 articles with this tag
Bitcoin Depot Warns of Collapse as Crypto ATM Crackdown Hits Revenue

Bitcoin Depot Warns of Collapse as Crypto ATM Crackdown Hits Revenue

Daily Feed

Bitcoin Depot, one of the biggest crypto ATM operators in North America, has warned that its business may not survive the pressure now hitting it from regulators, lawsuits, and plunging transaction volume. “Substantial doubt” over the company’s ability to keep operating $20 million+ in legal judgments and fresh state enforcement actions $80 million revenue drop […]

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Bithumb Cuts Bitcoin Lending by 80% Amid South Korea Regulatory Crackdown

Bithumb Cuts Bitcoin Lending by 80% Amid South Korea Regulatory Crackdown

Daily Feed

Bithumb Slashes Bitcoin and Crypto Lending Under South Korea Regulatory Pressure South Korea’s crypto heavyweight Bithumb has slammed the brakes on its lending ambitions, bowing to intense scrutiny from financial regulators. After launching with bold promises in July, the exchange has gutted its leverage ratios and lending caps, underscoring the fierce tug-of-war between decentralized innovation […]

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