30 Aug '13, 12pm

Regulatory "issues" lead Bitcoin exchange Tradehill to suspend operations (again) - GigaOM

Tradehill, the U.S.-based Bitcoin exchange, has temporarily suspended trading due to “banking and regulatory issues” that it has not specified. Tradehill, whose CEO Jered Kenna recently told my colleague Katie Fehrenbacher that “the U.S. has some of the most arcane financial regulations in the world”, has suspended operations before. In its original incarnation, part-based in Chile, Tradehill shut up shop in 2012 , also citing regulatory reasons, and blaming a processing partner who pulled the rug out from under the Bitcoin operation. This time, according to Tradehill’s homepage : “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. However, we embrace the silver lining of our situation and plan to take this opport...

Full article: http://gigaom.com/2013/08/30/regulatory-issues-lead-bitco...

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