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Old 05-25-2007   #12 (permalink)
Dynamic-Xchange
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Having read the report and various other pieces of information, the only thing the government is worried about is the fact that E-Gold does not have a very good 'know your customer' verification procedure in place to satisfy the various fraud and terrorist legislation. SO, if E-Gold make a few changes and implement some inaccordance with what the government deem acceptable then I don't see a reason why E-Gold can't remain one of the main e-currencies.

I came across an interesting document only yesterday with regards to a new E-Currency, called Federal Gold and it was their AML Policy and it makes a very good read for those who are interested in the E-Gold situation as it is something E-Gold will need to move towards having sooner or later:

https://www.federal-gold.com/General...asp?DXAction=0
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