The Bitcoin exchange Hodl Hodl has stopped providing lending services to residents of the United States and countries and individuals under UN sanctions

ChainCatcher news, according to Bitcoin.com, the non-custodial Bitcoin exchange Hodl Hodl has changed its service agreement to explicitly exclude residents from the United States (including its states and the District of Columbia), the U.S. Virgin Islands, Cuba, North Korea, Iraq, Iran, Puerto Rico, Somalia, Syria, Sudan, and any countries and regions subject to United Nations sanctions from accessing its lending platform. This change is part of Hodl Hodl's stricter policy to address regulatory uncertainty and ensure the security and integrity of the platform.

Although the platform has never provided services to U.S. customers, this update still affects some users in emerging markets. Catrya, co-founder of the Cuban Bitcoin community Cuba BTC, expressed regret over this, stating that this move "closes another door for Cubans." However, Hodl Hodl has promised that existing users in these restricted jurisdictions will still be able to complete current loan transactions but will not be able to participate in new lending activities.