Post
Topic
Board Project Development
Re: Bitoption.org -- ESCROWED LIVE Bitcoin Options Trading
by
bitoption
on 20/06/2011, 21:54:16 UTC
FreeMoney, email me at admin@bitoption.com, and I'll make sure we're properly sorted on your account. You shouldn't be seeing this behavior. Like always, I'll post any updates and resolution here. I'm all about transparency!

Inre: Frank Dodd, we're not domiciled in the USA, but see below.

Inre: Dwolla -- The answer is that I'm still figuring out the entire business plan. Doing this business fully registered almost anywhere in the world means you need to comply with US regs when you're dealing with US citizens on US soil. It was easy to piggy back onto Mt. Gox, and I knew generally that we'd be covered by their setup, so I did it. Right now, I regret that!

My hypothesis is that there is going to be strong demand for a fully registered, functioning exchange which can work in and outside the US in high dollar volumes. Bitoption is my first foray in that direction; there are whole bunch of moving pieces there, though, including US regulatory regime.