Quote from: creativex on September 24, 2013, 05:45:24 PM

Hi Esh, thanks for the headsup. I keep abreast of economic freedom trends around the globe and am acutely aware that sadly Canada recently surpassed the US in this area. That said, I was going by what Havelock management themselves have stated very recently:

Quote from: havelock on September 23, 2013, 06:55:37 PM

Quote from: tinus42 on September 23, 2013, 06:45:16 PM

Could what happened to BTC.TC also happen with Havelock? What is the legal situation in Canada regarding virtual exchanges?

We don't know exactly whhy BTC-TC decided to close operations, only what's been mentioned on the threads. We're still having ongoing discussions with our legal team in order to keep Havelock operational.

https://bitcointalk.org/index.php?topic=135035.msg3219266#msg3219266

Worst case is we re-list somewhere that offers no greater stability than what we had at btct.co.

Just to throw in some information they have a company lightbox technologies and run their own exchange at canadianbitcoins.com along with havelock.

They also talk a fair bit with cavirtex so they are in my opinion one of the leaders in determining the legal environment in Canada.
http://www.lightbox.ca/
https://www.canadianbitcoins.com/

That said when burnside gives more info havelock will be able to reply better so we can just observe for now.

Quote from: havelock on September 24, 2013, 12:22:10 PM

Quote from: freedomno1 on September 24, 2013, 12:57:38 AM

Quote from: havelock on September 23, 2013, 06:55:37 PM

Quote from: tinus42 on September 23, 2013, 06:45:16 PM

Could what happened to BTC.TC also happen with Havelock? What is the legal situation in Canada regarding virtual exchanges?

We don't know exactly whhy BTC-TC decided to close operations, only what's been mentioned on the threads. We're still having ongoing discussions with our legal team in order to keep Havelock operational.

As an off-side was talking with Milo from Emgateway and was wondering if your legal team is running into similar issues.
As a recommendation sometimes it makes more sense to get it going then work on the regulators

We don't actually know what BTC-TC's issues were so I can't even say if they are similar.