Bitcoin plunged more than 8 percent today after a Tokyo-based exchange halted withdrawals of the digital currency, citing technical malfunction.
Mt. Gox, claimed in a blog post it needed to “temporarily pause on all withdrawal requests to obtain a clear technical view of the currency processes.” It promised an “update” — not a reopening — on Monday, Feb. 10, Japan time.
This is day after Russia's Prosecutor General concluded Bitcoin and other digital currencies are illegal under current law.
Link to Original Source