- Bit4You is Belgiums first and only crypto asset lending platform.
- The platform says one of its main crypto asset custodian, CoinLOan, had been declared insolvent.
- The insolvency court order against CoinLoan was reportedly issued on Monday, 24 April, 2023 in Estonia.
In cryptocurrency news today, Bit4You, the first Belgium-based cryptocurrency lending platform,has announced its suspending its activities.
The crypto assets exchange made the announcement in a notice to clients and the community late Wednesday. According to the platform, the decision to halt operations came after it had learned that CoinLoan, its main provider, no longer had the required registration to operate as a virtual currency provider in Estonia.
As reported by…
Read the full article at: https://coinjournal.net/news/belgian-crypto-lender-bit4you-suspends-its-activities/