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While the exchange said it was able to make some transfers involving these fiat currencies, the financial institutions later informed Bitfinex it would no longer be able to make transfers using these currencies. These difficulties come days after Bitfinex announced on 13th April that its USD withdrawals were suffering delays. BTC-e representatives told CoinDesk its issue had to do with a third-party payment service, Mayzus, one it reported happens multiple times a year. How Does Ethereum Work? As such, it's possible the uptick in issues is merely reflective of the tough environment bitcoin businesses have always faced when seeking to secure banking partnerships. What Can a Blockchain Do? Ethereum What is Ethereum? What is a Decentralized Application? How Can I Sell Bitcoin? How Can I Buy Bitcoin? What is a Distributed Ledger? How Does Bitcoin Mining Work? Have a breaking story? Blockchain — What is bitcoin? Blockchain What is Blockchain Technology? Bitcoin What is Bitcoin? User Operations Support Associate Blockchain: How Do Smart Contracts Work? Bitfinex's banking issues appear to be affecting the wider bitcoin exchange markets. How Does Blockchain Technology Work? At the time, the exchange emphasized that it was working on "alternative solutions" that would allow its customers to make deposits and withdrawals using fiat currencies. Subscribe View all Podcasts. How Do I Use Ethereum? At first, Bitfinex claimed it was informed by these financial institutions that the exchange lacked the ability to process transfers involving Hong Kong dollars and Swiss francs.
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While the exchange said it was able to make some transfers involving these fiat currencies, the financial institutions later informed Bitfinex it would no longer be able to make transfers using these currencies. These difficulties come days after Bitfinex announced on 13th April that its USD withdrawals were suffering delays. BTC-e representatives told CoinDesk its issue had to do with a third-party payment service, Mayzus, one it reported happens multiple times a year. How Does Ethereum Work? As such, it's possible the uptick in issues is merely reflective of the tough environment bitcoin businesses have always faced when seeking to secure banking partnerships. What Can a Blockchain Do? Ethereum What is Ethereum? What is a Decentralized Application? How Can I Sell Bitcoin? How Can I Buy Bitcoin? What is a Distributed Ledger? How Does Bitcoin Mining Work? Have a breaking story? Blockchain — What is bitcoin? Blockchain What is Blockchain Technology? Bitcoin What is Bitcoin? User Operations Support Associate Blockchain: How Do Smart Contracts Work? Bitfinex's banking issues appear to be affecting the wider bitcoin exchange markets. How Does Blockchain Technology Work? At the time, the exchange emphasized that it was working on "alternative solutions" that would allow its customers to make deposits and withdrawals using fiat currencies. Subscribe View all Podcasts. How Do I Use Ethereum? At first, Bitfinex claimed it was informed by these financial institutions that the exchange lacked the ability to process transfers involving Hong Kong dollars and Swiss francs.
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