Quote from: drawingthesun on November 17, 2013, 06:06:55 PM

Quote from: Ethera on November 17, 2013, 05:58:38 PM

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.

Quote from: Ethera on November 17, 2013, 05:58:38 PM

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.

Thus we have 3 more steps to follow to constantly keep us within legality. Our third point (when it comes to it) including registering us as a financial operation unit. That costs alot, as we will put it back for as far as we can (as you might understand we are fighthing for the market share and doing our best to provide everything to people who are doing business within our system), but when the final step will come (when necessary) it will be done.

The fact that we are operating on the current setup does not mean we are illegal, we are legal and when the system comes we have all the steps to go along.

Neil