BTC-e Bank Transfer Issues a Result of Growing User Base
There's been some talk in the bitcoinosphere about a number of issues BTC-e users have been having with money wiring both in and out of the exchange. CoinDesk reported that the issues were related to the banks, but we're now getting a clearer image as to what the root cause of the extremely delayed wires are. BTC-e has been growing rapidly. According to a company statement, the exchange has gone from "an average of 2-3k users to 13-15k" in the month of Novemeber alone (obviously as a result of growing interest in the cryptocurrency). Consequently, BTC-e says they saw the number of bank....
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BTC-e has announced that US dollar withdrawals and deposits sent via bank transfer could be delayed for as long as two weeks. In a 28th May message posted by the BTC-e support team, the European digital currency exchange blamed "a new American policy" for the anticipated delays. The message reads: "Attention everyone who sends us US dollars and trying to withdrawal in US dollars through bank transfer. From tightened for a new American policy correspondence banks in relation to payment institutions deposits and withdrawals of US dollars delayed for 1-2 weeks." BTC-e did not immediately....