Cryptocurrency lending firm CoinLoan has declared it will reduce its $5,000 daily withdrawal cap from $500,000. The new $5,000 daily withdrawal cap for consumers is a 99% reduction from its prior cap. According to the company, while it remains “unaffected” by recent market turbulence, a hike in money withdrawals is the reason behind this decision. […]Cryptocurrency lending firm CoinLoan has declared it will reduce its $5,000 daily withdrawal cap from $500,000. The new $5,000 daily withdrawal cap for consumers is a 99% reduction from its prior cap. According to the company, while it remains “unaffected” by recent market turbulence, a hike in money withdrawals is the reason behind this decision. […]
