Tradehill Breaks With Credit Union Partner

San Francisco-based virtual currency exchange Tradehill shut down bitcoin trading on August 30, due to “banking and regulatory” issues, Finextra reported on August 30.

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    In a message posted to Reddit, Tradehill claimed its credit union partner, Internet Archive Federal Credit Union (IAFCU), played a role in the decision. It also issued an email that indicated it will cease its relationship with IAFCU, which holds Tradehill’s customer accounts.

    For more on the developing story, click here.