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The world’s largest Blockchain lending marketplace BitLendingClub has announced its sudden shutdown due what it describes as regulatory pressure.
Peer-to-peer (P2P) lending is positioned to reach US$77 billion this year, a 15-fold increase from 2012. It's the fastest-growing asset in finance, claims Bloomberg
If you add microfinancing, you are reaching anyone with a [friggin’] cell phone who wants a [friggin’] loan.”
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