Bitcoin Forum

Bitcoin => Press => Topic started by: leemar on August 30, 2013, 02:18:51 PM



Title: 2013-08-29 Finextra - Tradehill suspends bitcoin trading in face of .....
Post by: leemar on August 30, 2013, 02:18:51 PM
Tradehill suspends bitcoin trading in face of regulatory heat


http://www.finextra.com/News/FullStory.aspx?newsitemid=25165&topic=retail


Title: Re: 2013-08-29 Finextra - Tradehill suspends bitcoin trading in face of .....
Post by: Rygon on August 30, 2013, 02:48:02 PM
Quote
For its part, Tradehill says that it registered with FinCEN in August and is "actively engaging with banks and regulators to continue development of future business products and practices".


Seriously? They just did this? I thought they were supposed to be fully in compliance and low-risk for the big investors they supposedly cater to.


Title: Re: 2013-08-29 Finextra - Tradehill suspends bitcoin trading in face of .....
Post by: leemar on August 30, 2013, 02:57:17 PM
Is the US shooting itself in the foot?  They have a massive advantage, that will disappear pretty quickly if they keep shutting down the exchanges.