Bitcoin Exchange Mt. Gox Still Grappling With Slowdown

“Mt. Gox has seen U.S.-dollar denominated trading volume fall, and has struggled to keep up with customer requests for their money. In June, it temporarily halted U.S. dollar-denominated withdrawals. In July, it announced that it had resumed withdrawals, but acknowledged it hasn’t been able to process them as fast as it would like. Several customers have contacted MoneyBeat describing the trouble they’ve experienced since in getting funds out of Mt. Gox. The company essentially said the problem lies not with itself, but with the financial system outside of virtual currencies.  All of this has resulted in a less liquid market for bitcoin trading.”

http://blogs.wsj.com/moneybeat/2013/07/30/bitcoin-exchange-mt-gox-still-grappling-with-slowdown/

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