US bitcoin trading platform CampBX has announced that it has temporarily halted automated clearing house (ACH) and wire transfers effective 31st January.
Alpharetta, GA-based CampBX indicated in a blog post to its users that its bank has “made a business decision to not work with bitcoins and bitcoin companies”. The bank cited regulatory uncertainty, as well as recent negative bitcoin news, as the driving force behind the decision.
The decision is notable as CampBX became the first bitcoin website to obtain Payment Card Industry (PCI) certification in 2011, signifying that it implements specified controls and safeguards to protect consumer data. CampBX allows for quick buy and sell trades, provides customers with SMS notifications and secures its platform with two-factor authentication, its website says.
Read More: http://www.coindesk.com/bank-stops-working-bitcoin-exchange-campbx-regulatory-uncertainty/