Submission + - Mt. Gox halts USD withdrawals (paritynews.com) 1
hypnosec writes: World’s largest Bitcoin exchange, Mt. Gox, has halted US dollar withdrawals of customer funds in the US citing reasons of system improvement. According to Mt. Gox the exchange has experienced a huge number of requests for deposits as well as withdrawals from both established markets as well as new markets following which its bank hasn’t been able to process transactions on time in a smooth manner which has led to difficulties for its overseas clients especially those in the US. The exchange reassured that the deposits in USD, transfers to Mt. Gox, deposits and withdrawals in other currencies will remain unaffected during this period. Mt. Gox will be resuming the USD withdrawals for its US clients once the improvement of its systems is complete.