[e-gold-list] Re: Re Gold Age

[Craig Haynie]

I think this is what was being referred to, when it was noted that e-gold or
Omnipay was denied permission as a money-transmitter:

"In a Treasury report released January 11, 2006, however, the Department of
Treasury reaffirmed their interpretation of the USC and CFR definitions of
currency as excluding e-gold. "

http://www.e-gold.com/letter2.html

I suppose that if e-gold is not a currency then transmitting it can't be
considered money transmission. The problem is that the DA, in the Gold Age
case, is considering the idea of money tranmission to be nothing more than
buying with one form of payment, and then selling with another, effectively
moving money.

There is also this from Ian G.

https://financialcryptography.com/mt/archives/000640.html

Craig




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