Post
Topic
Board Securities
Re: [IPVO] [Multiple Exchanges] Neo & Bee - The Bitcoin Bank (Cyprus) - LMB Holdings
by
cryptocyprus
on 19/09/2013, 18:48:11 UTC
well, that was quick Smiley

so, if I understand correctly, you're saying that it would be okay for current Cyprus' law for someone to deposit 6000€ in your bank, and immediately after send the bitcoins to someone in another country, as long as the cash notes actually remain in Cyprus?

Yes because "Money" isn't moving in the eyes of the Central Bank from a Cypriot MFI to an overseas location.