The Next Web – 10/11/13: Payment processing company Dwolla is to stop supporting Bitcoin and other virtual currencies from the end of this month, in an unexpected move that is likely to impact a number of Bitcoin startups. In an email to customers (highlighted by Coindesk) Dwolla, which processes “millions” of dollars in payments per day, says there is “uncertainty and confusion” around Bitcoin and that its current work with Bitcoin exchanges is not sustainable due to the low scale.
Click here to read more: http://thenextweb.com/insider/2013/10/11/payments-company-dwolla-abruptly-announces-the-closure-of-its-bitcoin-service/375+10/11/13&utm_medium=email
Subscribe to the comments for this post?
Share this on Facebook
Share this on LinkedIn
Email this to a friend?
Share this on del.icio.us
Add this to Google Reader
Share this on Technorati
Seed this on Newsvine
Share this on Blinklist
Share this on FriendFeed
Add this to Google Bookmarks
Post on Google Buzz
Post this to MySpace
Share this on Plaxo
Submit this story to Propeller
Add to a lense on Squidoo
Stumble upon something good? Share it on StumbleUpon
Share this on Tumblr
Buzz up!