CurrencyFair Suspends Foreign Exchange Service for US Customers

“As of December 7, US customers couldn’t deposit any more money to CurrencyFair. Money already deposited must come out by December 31.  CurrencyFair stated the reason for the suspension was new regulatory compliance requirements.  ‘Following our initial assessment of regulatory changes in the United States, including changes arising from the Dodd-Frank Act, CurrencyFair will temporarily withdraw services for US residents while we consider these requirements and how they impact our business model.  The exact date of re-activation has not yet been determined and may take some time.'”

http://thefinancebuff.com/currency-fair-foreign-exchange-suspended.html

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