Where is the Btse located?

Could you please clarify for me where the Btse exchange is physically located? I'm curious to know if it's headquartered in a particular country or if it operates on a more decentralized basis. Understanding the location of Btse could give me some insight into its regulatory framework and the jurisdictions it operates under. Additionally, I'm also interested to know if the location has any impact on the exchange's trading pairs, fees, or services offered to users.