BTCXchange, Romania’s first bitcoin exchange, has once again discontinued its services effectively from 12th of September.
Earlier in December 2014, the exchange had first pulled the plug citing “security reasons”. While its reason to shut down once again remains somewhat unclear, owner Horea Vuscan said that managing people's money is extremely high responsibility, something that he does not want to take anymore.
“To manage the money of the people means extremely high responsibility, a responsibility that I do not want to port anymore”, Vuscan said (loosely-translated).
He also emphasized that in the past four years, the exchange has not been hacked and runs without errors. The client base has been growing and over 2,000,000 euros have been traded over its platform.
“I believe that Romania needs a local exchange but I want to retire in this area of business. In conclusion, in respect of clients and community BTCXchange announce that is for sale”, Vuscan said, as translated by CoinDesk.
According to the terms of the sale explained on the blog post, the business will be sold to the person who will offer the highest price and tenders may be submitted until September 16, 2016.
