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Author Topic: 2013-06-19 Wired: Bitcoin’s Big Bank Problem: Why Did Mt. Gox Halt US Payouts?  (Read 684 times)
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June 21, 2013, 05:06:35 AM
Last edit: June 21, 2013, 06:50:55 AM by jgarzik

The world’s best-known Bitcoin exchange stopped paying out customers in U.S. dollars Thursday. Mt. Gox didn’t exactly explain what was going on, though. It blamed an “increased volume” of transactions, and said it would suspend U.S. cash withdrawals for two weeks as it sorted things out. But the Japanese company has fallen afoul of regulators and is clearly under pressure in the U.S.
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