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by tradersam 3124 days ago
> No, that's not what OP is saying at all. Read his posts. He's under the impression that exchanges take out bank loans to pay dollars to their customers, which is false.

Although that would be incorrect, there still are valid fears for a liquidity crunch, as I stated. This, regardless of why (be it laws or fund availability) does create a concern due to liquidity.

> BTW, Bitfinex recently reopened bank deposits and withdrawals.

Clearly not true. Especially for U.S. customers: https://www.bitfinex.com/posts/227

1 comments

True that US customers are banned from Bitfinex, however they did recently announce that bank deposits and withdrawals are reopened for other countries. If you don't believe them that's fine, I don't trust them either, but they did announce it. https://www.reddit.com/r/BitcoinMarkets/comments/7enpoo/bitf...
The first string of comments says they haven't announced yet (besides on reddit) and nothing on their site claims anything to that affect either.

Also, if the Fed barred any Bitcoin sales/buys with USD (however unlikely) almost all reputable bank would drop those as well, regardless of country. This has been discussed in detail on r/BitcoinMarkets, actually.