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Asian Crypto Lender Hodlnaut Halts Withdrawals

Hodlnaut, a cryptocurrency lender working in Asia, mentioned it has halted withdrawals making it the most recent firm within the digital-assets sector affected by a collection of defaults.

In a press release on Monday the corporate introduced that it was “halting withdrawals, token swaps and deposits with rapid impact” as a result of “latest market situations”. The corporate additionally mentioned it had withdrawn its license utility with Singapore’s central financial institution.

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