A crypto lending platform's comeback strategy in the U.S. just hit a major speedbump. California regulators have thrown a wrench into the works, making it significantly harder for the company to re-establish operations stateside. The regulatory tightening reflects growing scrutiny of digital asset lending platforms, particularly following market turbulence in previous years. Whether this represents a broader crackdown or case-specific enforcement remains to be seen, but one thing's clear—the path back to mainstream adoption just got a lot more complicated for crypto lenders.