The big question is, can Cyprus regulate BTC by itself or must it wait for the (huge, inefficient, slow and usually Illiterate) European regulatory body do so first?
Its central bank ... great news ... but lets wait for government stance in this. IIRC we still don't have regulation about Bitcoin in place on Cyprus.
So I wake up and Havelock is down ... great ... "Database seems down. Sorry about that. We've been notified about the problem. Please try again later."