Cashing out - whats going on?

[andydis]

Are the powers that be making it harder and harder to cash out?



In the past 2 weeks,

1) crptonator.com
"SEPA refunds Unfortunately, no SEPA euro withdrawals will be possible in the near future, as our partner Bitwala has shut down service. All euro withdrawals sent from Cryptonator wallet in the time frame from 25.12.2017 to 03.01.2017 will be refunded on the next week."

2) Xapo "
Dear Cardholder,
 
Yesterday, January 4th 2018, the Xapo Card issuer Wave Crest Holdings, Ltd. was instructed by Visa® to close all cards of its Visa® programs effective immediately.
 
Unfortunately, Xapo did not receive any anticipated notice to prepare for - and have our cardholders prepare for -  the cancellation of our Card program.
 
How does this change affect you?
 
Your Xapo Card has been deactivated"

[Astrilian]

Kraken has disabled the withdrawal function without any notice, something sinister is going on.

[gentlemand]

Kraken has disabled the withdrawal function without any notice, something sinister is going on.

Kraken's been screwed forever and they just underwent a giant overhaul. Give it a few days.

I'd guess this is the first time banks are seeing mass interest in crypto and they probably really don't like what they're seeing. I doubt it's as much to with the nature of crypto as the compliance nightmares it brings.

They don't want to be ravaged by tripping up all the money laundering laws flying around these days, unless they're doing the laundering.

At the very worst there'll always be P2P.