Hong Kong crypto lender Babel Finance suspends withdrawals amid slump

Hong Kong crypto lender Babel Finance suspends withdrawals amid slump

Photo: REUTERS

Hong Kong-based Babel Finance temporarily suspended withdrawals and redemption of crypto assets on Friday, as the crypto lender scrambles to pay its clients after the recent slump in the digital currency market.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter