CoinDesk Removes Mt. Gox from Bitcoin Price Index

(CoinDesk) CoinDesk has removed Mt. Gox from the Bitcoin Price Index, due to its persistent failure to meet the Index’s standards for inclusion.

Ultimately, the decision to remove Mt. Gox from the BPI was prompted by Friday’s announcement that Bitcoin withdrawals had been suspended until Monday, and Monday’s follow-up announcement that Bitcoin withdrawals would now be suspended indefinitely. This was due to a previously known technical issue with Mt. Gox’s custom wallet implementation of the Bitcoin core protocol.

However, these recent withdrawal restrictions are just the latest in a series of issues which have made Mt. Gox’s inclusion in the BPI problematic.