I'm aware that canadianbitcoins and cavirtex are always on top of regulations that's why I trust these exhanges, so if your not allowed to disclose information at this time that's fine.
My question is regarding Canadianbitcoins
Can you explain the reason canadianbitcoins has temporarily disabled cash deposit and if this is related to mtgox and TAYPE
Also will this be a similar update to the one on cavirtex
Thanks
To be honest was thinking of posting this question in Canadianbitcoins but it would be a 2 year necro
Was not sure on whether to revive it or ask here maybe next time to show how far bitcoin has gone
As a side-comment
"I've been involved with Bitcoins since the CPU mining days, and double digit difficulty (man, when it jumped to 43, that was rough!)"
Love that post
Two year anniversary to a hangover incoming
https://bitcointalksearch.org/topic/m.341290Lol i just went back and read that thread, so nostalgic. Bitcoin has come a long way since then.
We have disabled cash deposits due to potential issues that we are working out with the banks. I'm assuming its pretty much the same issue as with cavirtex -- banks dont like anonymous cash deposits from third parties into accounts... even if we have KYC docs for all them, the banks dont know that (because they dont ask, they just assume that we dont for some reason)
It is NOT related at all to whats going on with mtgox (that i know of at least)
We are working with TAYPE closely and with the BANKS to find the right solutions that keeps everyone happy. For the most part, it comes down to AML/KYC.
Almost time for another Canada Day aimlessly tackling the crowds around Parliament hill spreading the rambling drunk truth about bitcoins!
Cheers
James
