For now it is, as we are operating legally. We are registred as a game creators and digital entertainers. We still have 3 steps to follow when our country laws will accept ltc/btc/cryptos as currency and will still operate as legal business. We are doing most for the security and double that for legal part.
Neil
I don't want to belittle the technical work you have put into your exchange as it seems to very clean and well designed. However you have to admit most people in Bitcoin securities are now waiting for that first legal exchange so that they can trade with confidence.
Even if your country does not accept Bitcoin as a currency you must still licence as an exchange of securities.
We are registred as a game creators and digital entertainers.
The trading of $millions worth of stock cannot be licenced under games and entertainment, your own securities commision will not let that pass.
This plan of "play money" until your country recognizes crypto currencies does not inspire confidence.