Mt. Gox Haults USD Bitcoin Withdrawals For Two Weeks
Ryan Pomy June 21, 2013
According to Mt. Gox, which processes around 70 percent of all Bitcoin transactions in the world, ”no cash withdrawals in USD will be allowed for two weeks” as the company claims it has been experiencing unusually high volumes of deposits and withdrawals recently. They claim that this recent development has “made it difficult for our bank to process the transactions smoothly and within a timely manner” and caused delays for customers. The suspension will give Mt. Gox time to make changes in the way transactions are processed, the company said. Mt. Gox also promised to debut a “dramatically improved trading engine” very soon.
http://dailysilverupdate.com/2013/06/21/mt-gox-haults-usd-bitcoin-withdrawals-for-two-weeks/