Reserve Bank of India Cautions users of Virtual Currencies

Posted over at the Reserve Bank of India The Reserve Bank of India has today cautioned the users, holders and traders of Virtual currencies (VCs), including Bitcoins, about the potential financial, operational, legal, customer protection and security related risks that they are exposing themselves to. The Reserve Bank has mentioned that it has been looking…

BTC-e Makes Press Release regarding Wire Delays

Wire transfer delays 11.12.13 09:03 from admin Dear participants of the exchange btc-e.com There is an information published in the press recently, that our exchange has some problems with bank transfers. We can tell you that we haven’t got any problems with the bank. In some details, with what wire transfer delays and receipt of transfer…

MtGox Doubled EUR Withdraw Capabilities

Recently MtGox announced in a Press Release that they have doubled their banking capacity within Europe for outgoing PLN and SEPA transfers. As such the queue has begun to shrink instead of grow (allegedly down to 2-4 weeks, though still many reports exist of people waiting longer). All in all this is good news, hopefully…

CampBx Delays addition of ACH Deposits another week or two

CampBx has delayed the outroll of their ACH funding method (for US customers) for another couple of weeks. According to their support team they are currently beta testing it with a few of their customers and if all goes well will continue to roll out the funding option. This would make CampBx the second exchange…

Major Correction

Over the past few days the US/EU markets experienced a major correction, only held up by the Asian markets, which also experienced a correction but not nearly as drastic. MtGox’s trade engine went into safety mode for a few hours, slowly cycling trades as to prevent large market sells from clearing the order books. The…