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Crypto startup Pillow set to cease operations amid regulatory challenges
source link: https://nextbigwhat.com/crypto-startup-pillow-set-to-cease-operations-amid-regulatory-challenges/
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Home Crypto startup Pillow set to cease operations amid regulatory challenges
Crypto startup Pillow set to cease operations amid regulatory challenges
- Pillow to discontinue services and app due to regulatory uncertainty.
- Customers asked to withdraw funds from the app by July 31, 2023.
- Rival Flint shut down services last month, while RBI pressures lenders to stop engaging with crypto startups.
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