03 Sep '13, 5pm

The US Regulatory Side Effect, Tradehill Stops Bitcoin Trading - SiliconANGLE (blog) #bitcoin

The US Regulatory Side Effect, Tradehill Stops Bitcoin Trading - SiliconANGLE (blog) #bitcoin

While the Bitcoin community is trying to adjust the new regulatory rules and scrutiny, things aren’t going as well as they used to. Government agencies are targeting Bitcoin traders and in a latest development Bitcoin exchange Tradehill has suspended its platform indefinitely. Over the weekend, the exchange for virtual currencies such as Bitcoin, entered into a trading halt, temporarily freezing all trades while it deals with “banking and regulatory issues”. Through a statement on its website which gives little explanation of the reasons, Tradehill said that the decision was not made lightly, and that it regrets having to take such action. “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,” the company said on it...

Full article: http://siliconangle.com/blog/2013/09/03/the-us-regulatory...

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