Coinbase to Wind Down Lending Program Over Coming Months

Permalink Report to webmaster

Coinbase Borrow, a program that allowed customers to receive fiat loans of up to $1 million against as much as 30% of their bitcoin (BTC) holdings, will be shutting down over the coming months as the company focuses its resources on products that “customers care about most,” a spokesperson said.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

#Finance, #News, #Coinbase