Bitcoin Forum
December 09, 2016, 11:44:38 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [ANN] Bitcoinica is now a registered Financial Services Provider!  (Read 2064 times)
zhoutong
VIP
Hero Member
*
Offline Offline

Activity: 490


View Profile WWW
April 21, 2012, 01:52:14 AM
 #1

Press Release: https://www.bitcoinica.com/posts/registered-financial-services-provider


April 20, 2012 —

Today we are announcing some highly anticipated news.

Bitcoinica has completed its corporate reorganization and is now a registered Financial Services Provider, organized under the laws of New Zealand.

Bitcoinica began as an experiment to help investors trade bitcoins with the advanced trading features seen in traditional forex markets. The response has been overwhelming and we are very pleased that we've been able to address this need.

We recognize that it's important to operate in a transparent manner and meet all the requirements expected from a legitimate financial services organization. Therefore we have taken the necessary steps to become a registered provider of the following financial services:

- Providing credit under a credit contract
- Operating a money or value transfer service
- Issuing and managing means of payment
- Changing foreign currency
- Entering into or trading on an exchange

Interested parties can verify our registration on the public website of the New Zealand Financial Service Providers Register.

We are also releasing our Terms of Service which formalizes our responsibilities and reinforces the standards of fair dealing Bitcoinica users have come to expect.

Bitcoinica thanks our customers for your continued support and we look forward to serving you.

Bitcoinica operates one of the most popular Bitcoin trading platforms, with advanced features such as margin trading, short selling and stop orders. Bitcoin users can use Bitcoinica to trade Bitcoins, exchange currencies and receive interests on deposits.

Founder of NameTerrific (https://www.nameterrific.com/). Co-founder of CoinJar (https://coinjar.io/)

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
1481327078
Hero Member
*
Offline Offline

Posts: 1481327078

View Profile Personal Message (Offline)

Ignore
1481327078
Reply with quote  #2

1481327078
Report to moderator
1481327078
Hero Member
*
Offline Offline

Posts: 1481327078

View Profile Personal Message (Offline)

Ignore
1481327078
Reply with quote  #2

1481327078
Report to moderator
1481327078
Hero Member
*
Offline Offline

Posts: 1481327078

View Profile Personal Message (Offline)

Ignore
1481327078
Reply with quote  #2

1481327078
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481327078
Hero Member
*
Offline Offline

Posts: 1481327078

View Profile Personal Message (Offline)

Ignore
1481327078
Reply with quote  #2

1481327078
Report to moderator
1481327078
Hero Member
*
Offline Offline

Posts: 1481327078

View Profile Personal Message (Offline)

Ignore
1481327078
Reply with quote  #2

1481327078
Report to moderator
Jointops420
Full Member
***
Offline Offline

Activity: 132


View Profile
April 21, 2012, 02:02:16 AM
 #2

Wow things are getting better all the time across the board. Good job Zhou, looks like a life of success ahead of you Smiley
Stephen Gornick
Legendary
*
Offline Offline

Activity: 2002



View Profile
April 21, 2012, 03:55:44 AM
 #3

Looking at the Terms of Service:
 - https://www.bitcoinica.com/pages/tos

I see:
Quote
The following describes the terms and conditions upon which Bitcoinica LP

Searching NZ companies I don't see a "Bitcoinica LP".  I do see a "BITCOINICA CONSULTANCY LIMITED":
 - http://www.business.govt.nz/companies/app/ui/pages/companies/search?q=bitcoinica&mode=standard

But I don't see anything on Bitcoinica.com that mentions this variant.  So either there is another organization involved, or the search results aren't correct (maybe a new filing hasn't been published by the agency perhaps) or the Terms of Service references the wrong entity name.

zhoutong
VIP
Hero Member
*
Offline Offline

Activity: 490


View Profile WWW
April 21, 2012, 04:38:07 AM
 #4

Looking at the Terms of Service:
 - https://www.bitcoinica.com/pages/tos

I see:
Quote
The following describes the terms and conditions upon which Bitcoinica LP

Searching NZ companies I don't see a "Bitcoinica LP".  I do see a "BITCOINICA CONSULTANCY LIMITED":
 - http://www.business.govt.nz/companies/app/ui/pages/companies/search?q=bitcoinica&mode=standard

But I don't see anything on Bitcoinica.com that mentions this variant.  So either there is another organization involved, or the search results aren't correct (maybe a new filing hasn't been published by the agency perhaps) or the Terms of Service references the wrong entity name.

It's here: http://www.business.govt.nz/fsp/app/ui/fsp/version/searchSummaryCompanyFSP/FSP207625/4.do?noReturn=true

Bitcoinica LP is a limited partnership, which means that it's not a separate entity by definition. (It is a separate entity.) However, it is FSP approved.

Founder of NameTerrific (https://www.nameterrific.com/). Co-founder of CoinJar (https://coinjar.io/)

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
beckspace
Sr. Member
****
Offline Offline

Activity: 385


Aimed at Jupiter


View Profile
April 21, 2012, 04:49:50 AM
 #5

Great news! Gotta love kiwis.  Wink

You guys have really come up with somethin'
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2100



View Profile
April 21, 2012, 05:16:31 AM
 #6


Interesting, do you operate a NZ-based bank account or have any physical presence in NZ besides a mailbox?

zhoutong
VIP
Hero Member
*
Offline Offline

Activity: 490


View Profile WWW
April 21, 2012, 05:45:47 AM
 #7


Interesting, do you operate a NZ-based bank account or have any physical presence in NZ besides a mailbox?

Yes, we will replace our bank account details very soon.

Founder of NameTerrific (https://www.nameterrific.com/). Co-founder of CoinJar (https://coinjar.io/)

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
matonis
Sr. Member
****
Offline Offline

Activity: 301



View Profile WWW
April 21, 2012, 04:19:25 PM
 #8

Zhou, congratulations on the news regarding New Zealand!

I announced it on the Forbes site: http://www.forbes.com/sites/jonmatonis/2012/04/21/bitcoinica-registers-in-new-zealand-for-bitcoin-margin-trading/

Founding Director, Bitcoin Foundation
I also cover the bitcoin economy for Forbes, American Banker, PaymentsSource, and CoinDesk.
finway
Hero Member
*****
Offline Offline

Activity: 714


View Profile
April 21, 2012, 04:22:13 PM
 #9

Congrats!

paraipan
Legendary
*
Offline Offline

Activity: 924


Firstbits: 1pirata


View Profile WWW
April 21, 2012, 04:31:29 PM
 #10

Congrats!

+1 great to hear that  Smiley

BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
hazek
Legendary
*
Offline Offline

Activity: 1078


View Profile
April 21, 2012, 05:09:24 PM
 #11

Zhou, congratulations on the news regarding New Zealand!

I announced it on the Forbes site: http://www.forbes.com/sites/jonmatonis/2012/04/21/bitcoinica-registers-in-new-zealand-for-bitcoin-margin-trading/

That's really cool!

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
proudhon
Legendary
*
Offline Offline

Activity: 1148



View Profile
April 21, 2012, 11:53:49 PM
 #12

Congrats Zhou!  Hopefully this news doesn't hurt my short position.   Wink
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!