ChainCatcher reported that according to Bitcoin.com, the non-custodial Bitcoin exchange Hodl Hodl has changed its service agreement to explicitly exclude residents of 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 country or region subject to UN sanctions from accessing its lending platform. This change is part of Hodl Hodl's stricter policies to address regulatory uncertainty and ensure the security and integrity of the platform.
Although the platform has not provided services to US customers, the update still affects some users in emerging markets. Catrya, co-founder of the Cuban Bitcoin community Cuba BTC, expressed regret, saying that this move "closes another door for Cubans." However, Hodl Hodl 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 loan activities.