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Cryptocurrencies: 30359
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Cryptocurrencies: 30359
Markets: 109462
Market Cap: $2,684,739,922,049     
24h Vol: $86,906,388,276
Cryptela — Cryptocurrency News and Market Intelligence
Bitcoinist 2023-02-02 08:22:17

This Bank Ends loans Secured By Crypto Mining Rigs, What’s Ahead?

This Bank Ends loans Secured By Crypto Mining Rigs, What’s Ahead?
A crypto-friendly bank, BankProv, has recently announced that it will no longer offer loans backed by crypto mining rigs. Previously, the bank offered such loans as a way for clients to fund their mining operations. But now it cited changing market conditions and increased regulatory inspection as reasons to halt these services. Reasons for The
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