Friday, January 31, 2014

Bitcoin news updates February 1 , 2104 - Bank Stops Working With Bitcoin Exchange CampBX Due to ‘Regulatory Uncertainty’ .... ‘Innocent’ Silk Road Seller to Sue to Stop Sale of Seized Bitcoins ...... Lithuanian and Estonian Central Bank Warn on Bitcoin - Estonian C.B says bitcoin " May be a ‘Ponzi Scheme " ......Happy Chinese New Year, Bitcoin! Biggest exchange opens for business despite bank warning ...... Vancouver ATM Operator Wants to Leave Bitstamp Following Breakdown ....... Community Debates What’s Next After New York Hearings ?














http://www.coindesk.com/bank-stops-working-bitcoin-exchange-campbx-regulatory-uncertainty/


Bank Stops Working With Bitcoin Exchange CampBX Due to ‘Regulatory Uncertainty’

 (@pete_rizzo_) | Published on February 1, 2014 at 00:00 GMT | CompaniesExchanges
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US bitcoin trading platform CampBX has announced that it has temporarily halted automated clearing house (ACH) and wire transfers effective 31st January.
Alpharetta, GA-based CampBX indicated in a blog post to its users that its bank has “made a business decision to not work with bitcoins and bitcoin companies”. The bank cited regulatory uncertainty, as well as recent negative bitcoin news, as the driving force behind the decision.
Unfortunately we have some bad news regarding our ACH and WIRE processor. Please see the update here: https://campbx.com/achupdate.php