Interesting (and positive) info from The Poker Chronicles ... link

[Rigel]

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If click2pay can get over its growing pains and manage to survive the regs

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The regs that say it's illegal for a U.S. bank to do business with them if they do business with gambling sites? How are they going to survive that?

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The regs don't say anything yet because they haven't been written yet. But assuming they do say that when released (fair assumption) I have the same question you do. But the article appears to suggest that click2pay and epassporte have some tricks up their sleeves for when this happens. Maybe they will start using some intermediary foreign banks on a rotating basis to assist in transferring money.

Instead of:

click2pay ----> US bank

They could try:

click2pay ----> foreign bank account ----> US bank account.

They could keep changing foreign bank accounts as needed. This will be more expensive, but perhaps manageably so.

[notfoold]

Please stop, your making my head hurt.

[Rigel]

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Please stop, your making my head hurt.

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Don't blame me if you're not smart enough to recognize good news when it's staring at you.

[notfoold]

Last comment.....

Investment banks were served subpoeaes last week, they caved, no e-wallet withdrawals, no value for banks to fight, etc. etc, etc.

Take off your rose colored spectacles.

Or chase a moonbeam. Whatever you'd like.

[CrazyEyez]

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Maybe they will start using some intermediary foreign banks on a rotating basis to assist in transferring money.

Instead of:

click2pay ----> US bank

They could try:

click2pay ----> foreign bank account ----> US bank account.

They could keep changing foreign bank accounts as needed. This will be more expensive, but perhaps manageably so.

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Illegal and therefore temporary, as long as the gov continues to care enough to put a stop to it.

[poorolrich]

Money Laundering