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Author Topic: 2013-05-20 theRegister- Canadian regulators welcome US Bitcoin refugees...  (Read 2815 times)
StarfishPrime
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May 21, 2013, 03:03:19 PM
Last edit: May 21, 2013, 04:03:49 PM by StarfishPrime
 #41

Canada might well be a great place to do business, but anyone considering operating an exchange there should make no mistake:

When the DHS or NSA says "jump!", INSET (Canada's equivalent of the US DHS) says "how high?". Unfortunate but true in post 9/11 Canada.

Reportedly, they have a habit of pulling up unannounced in unmarked Crown Vics, in dark suits with conspicuous shoulder holsters, to do the bidding of various US agencies. Not generally too concerned with the formalities of obtaining warrants in advance, they've been reported on more than one occasion to just say "we have an ERT on standby" or "we have direct orders from Ottawa" when asked. Compliance with their requests usually follows.


                         
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May 21, 2013, 04:45:53 PM
 #42

But we didn't restrict online poker like the US. In fact a large part of online casino are hosted in Canada and some of them are still available to american players.

http://en.wikipedia.org/wiki/Kahnawake_Gaming_Commission
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May 21, 2013, 06:45:21 PM
 #43

But we didn't restrict online poker like the US. In fact a large part of online casino are hosted in Canada and some of them are still available to american players.

http://en.wikipedia.org/wiki/Kahnawake_Gaming_Commission

In fact, it would be interesting to see how Bitcoin plays with the whole Native Canadian autonomy issue. Conceivably, the first jurisdiction to adopt Bitcoin could easily be a Canadian reserve.  Cheesy
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May 21, 2013, 07:24:06 PM
 #44

But we didn't restrict online poker like the US. In fact a large part of online casino are hosted in Canada and some of them are still available to american players.

http://en.wikipedia.org/wiki/Kahnawake_Gaming_Commission

In fact, it would be interesting to see how Bitcoin plays with the whole Native Canadian autonomy issue. Conceivably, the first jurisdiction to adopt Bitcoin could easily be a Canadian reserve.  Cheesy

Quebec here we come?
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May 21, 2013, 07:31:25 PM
 #45

But we didn't restrict online poker like the US. In fact a large part of online casino are hosted in Canada and some of them are still available to american players.

http://en.wikipedia.org/wiki/Kahnawake_Gaming_Commission

In fact, it would be interesting to see how Bitcoin plays with the whole Native Canadian autonomy issue. Conceivably, the first jurisdiction to adopt Bitcoin could easily be a Canadian reserve.  Cheesy

Quebec here we come?

I was being somewhat facetious, but the more I think about it, given the jurisdictional history between the federal government and the first nations, it does make some sense. It's how Canada is able to host online casinos... technically, they're hosted on reserves like Khanawakhe.
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