Post
Topic
Board Speculation
Re: BTC-e legal problems?
by
BitcoinAshley
on 04/02/2014, 00:58:18 UTC
As for BTC-e's legal situation, here's my take on it...

The exchange does not operate in Russia. The owners reside in Russia but are not russian citizens.

As it stands, only Russia has taken action. This means that everyone else doesn't have much to worry about. It would be like if Argentina decided to ban MtGox.com. It would only affect argentinians. But, keep in mind that Russia is probably a significant memberbase for BTC-e.

Now, if the Bulgarian government decided to shut down BTC-e, that would be a different issue. But show me an exchange that is 150% certain of their legal status, show me a country that has absolutely no regulatory uncertainty...

On a side note, I love BTC-e's interface. Almost as much as I loved Bitfloor's interface  Cry