BitLendingClub to Close Its Doors: Regulations Cited As Cause

Leading Bitcoin based p2p lending platform BitLendingClub is going to close its doors. In an announcement sent out to all lenders and borrowers this morning, the company said that ‘regulatory pressures’ made operating the company no longer feasible. The specific regulations are not stated although its likely that its related to FinCEN and the MSB … Read more

Announcement: The BTC AutoInvest Experiment

When people find out I have some expertise in Bitcoin based lending, one of the most common questions I get is about the AutoInvest feature offered by the big 3 lenders. For infrequent readers, the big 3 Bitcoin lenders are BTCJam, Loanbase and Bitbond. They are the Big 3 because they have gotten outside funding … Read more