Post
Topic
Board Speculation
Re: BTC-e legal problems?
by
monger
on 04/02/2014, 01:11:59 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

That is not correct, the all mess with btc-e is not about ban or something. They are suspecting exchange of money laundering and terror funding, thats a big issue. I have no doubt this have to do nothing with reality of course, but in Russia no one cares. If you see news like this one, that means they want them really bad for some reason.