Friday, August 30, 2013

BREAKING: Bitcoin Exchange Tradehill Has Suspended Trading; Regulatory Issues

The homepage of Tradehill's web site displays a letter which states:
Many of you have come to know Tradehill as the digital currency exchange of choice over the last six months. We have appreciated your patronage and have delighted in providing a reliable service to help you reach deep liquidity in the Bitcoin market. We have recently made the decision to temporarily suspend trading on the Tradehill platform, due to banking and regulatory issues. This decision has not been made lightly and we regret having to take such action[...]
 Tradehill registered with FinCEN in August 2013 and is actively engaging with banks and regulators to continue development of future business products and practices.

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