Tag Archives: okpay

Okpay to stop performing wire transfers with Mtgox

Mtgox with Okpay, is no more!

Mtgox with Okpay, is no more!

Negative news for the Bitcoin world today. It looks like Okpay is suspending payments with MtGox.

This is the actual press release statement from MtGox:

Statement Regarding OKPay Integration

Tokyo, Japan, May 28th, 2013 – Mt. Gox has recently been informed by OKPay, one of
our longtime partners, that they are planning to stop performing wire transfers to and from
all Bitcoin exchanges, including Mt. Gox.

OKPay is offering a solution, but in the meantime we want to make sure that Mt. Gox
customers and the Bitcoin community are well-informed about this development. While
we are not completely clear about the dates of the transition, we would like to make a
couple of points clear:

•We will soon stop accepting deposits via OKPay. This may take up to a couple of
weeks, but it will happen eventually.
•Withdrawals to OKPay accounts will not be cut immediately, but will only be
allowed up to the amount that OKPay users have deposited into Mt. Gox via
OKPay. Beyond that amount there are other methods of withdrawal available.

Mt. Gox wishes the best to OKPay, and we look forward to working together more closely
in the future. The Bitcoin economy is going through many changes recently, and we are
positive that they will ultimately work themselves out in the best interests of the
community and the World.

The actual PDF file is here.

This is the news posted on Okpay website:

Bitcoin processing temporarily suspended

Dear customers, we are currently suspending bitcoin processing.