790 sats \ 2 replies \ @grayruby 2 Dec 2023 \ on: Unchained ends BTC collateral-backed loans to individuals (starting Jan 2024) bitcoin
Similar thing happened with Ledn in Canada. They only do bitcoin backed loans for accredited investors now. The vice is tightening but honestly I thought nation states would have been much more aggressive than this.
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421 sats \ 1 reply \ @niftynei 2 Dec 2023
You can become an accredited investor in the US by taking a FINRA test; i got my series 65 a few years ago
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100 sats \ 0 replies \ @grayruby 2 Dec 2023
I think there are similar rules in Canada. I should consider it.
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