W3C home > Mailing lists > Public > public-webpayments@w3.org > September 2013

Re: Tradehill Bitcoin exchange shut down for 2nd time in 2 years

From: Manu Sporny <msporny@digitalbazaar.com>
Date: Mon, 09 Sep 2013 20:24:44 -0400
Message-ID: <522E66CC.9060302@digitalbazaar.com>
To: pindar wong <pindar.wong@gmail.com>
CC: Joseph Potvin <jpotvin@opman.ca>, Web Payments CG <public-webpayments@w3.org>
On 09/08/2013 10:14 PM, pindar wong wrote:
> consensus by exhaustion.
> Not a technical issue, but I wonder what other 'civil code'-base 
> might be worth exploring...perhaps something in the EU/Asia?

Anything that is far more lenient wrt. emerging technologies than the
current US regulatory regime would be incredibly helpful. For instance,
Canada has fairly sane regulations as does the UK.

It would be interesting to see how Hong Kong's regulatory environment
compares to the US, especially if it makes it possible for US companies
to operate MSB services out of Hong Kong.

Even if a US-based organization were to successfully operate out of Hong
Kong, the MSB licenses would still be required to send or receive money
from US customers. It's hard to ignore the US market.

That said, anything that could give this group a base of operations for
experimental financial services would be of huge benefit.

-- manu

Manu Sporny (skype: msporny, twitter: manusporny, G+: +Manu Sporny)
Founder/CEO - Digital Bazaar, Inc.
blog: Meritora - Web payments commercial launch
Received on Tuesday, 10 September 2013 00:25:15 UTC

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