Post
Topic
Board Bitcoin Discussion
Re: Chase Bank Closes Bitcoin related accounts
by
scarsbergholden
on 16/10/2014, 02:19:55 UTC
Chase also just refused an international wire transfer to BTC-e, claiming that "the government didn't allow it". I'm closing my accounts with them.

many exchanges are getting hit hard by regulations. i have stopped watching exchange price values ages ago as the volumes are so low that they should no longer be used to judge market cap value.

BTC-E use to trade over 100k volume per day last year, now its settles at an average 15k-20k, with hardly any actual bank movements, mostly day trading.

its not just chase bank, so it might be worth looking for other banks and also other methods to also buy-in
The DOJ has been trying to shut down legal bitcon (as well as gun dealers and payday lending companies) companies that are operating within the law but are not doing things that the Obama administration "likes"