Ledn Thrives Amid Crypto Banking Shifts
- Ledn has serviced over $6.5 billion in Bitcoin loans.
- U.S. regulatory scrutiny in early 2023 led to the collapse of Silvergate and Signature Bank.
- Ledn faced account closures in Canada without explanation before Chokepoint 2.0.
- Banks from France, Dubai, and China offered partnerships due to Ledn’s strong compliance.
- The attitude of banks towards crypto has shifted positively, with many now seeking partnerships.
Despite regulatory challenges, Ledn adapted by leveraging global banking relationships, servicing over $6.5 billion in Bitcoin loans while navigating shifting financial landscapes.
Source (2.6)https://decrypt.co/305910/how-crypto-lender-ledn-navigated-being-debanked-multiple-times?rand=52368
