BTC-e Blames New US Policy for Wire Transfer Issues

May 28, 2015 at 21:11 UTC
Updated May 29, 2015 at 10:36 UTC
NEWS

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 respond to a request for comment.

CoinDesk will continue monitoring this developing story.

Security image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.