#21
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Re: Bill text up
[ QUOTE ]
*Very* quick reading is that it bans credit cards and other funding insturments, but does not have the Wire Act provisions. [/ QUOTE ] Also prevents the acceptance of such transactions by the businesses themselves (although that's toothless and symbolic, since they aren't under US jurisdiction anyway) |
#22
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Re: Bill text up
[ QUOTE ]
[ QUOTE ] S 5363 puts provisions on transactions for financing unlawful internet gambling - is playing on party, stars, etc unlawful? [/ QUOTE ] S5363 seems to make so much as cashing out illegal. All forms of all transfers would be illegal. [/ QUOTE ] right, but only if it is connected to "unlawful internet gambling." |
#23
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Re: Bill text up
"(2) an electronic fund transfer, or funds transmitted by or through a money transferring business, or the proceeds of an electronic fund transfer or money transmitting service, from or on behalf of such other person;"
This seems to basically kill Neteller. (from 5363) |
#24
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Re: Bill text up
im reading it but i havent seen it yet -- does it have the same sort of language forcing ISPs to restrict our access to gambling sites? because IMO that's the most "teethy"/dangerous part of the legislation.
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#25
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Re: Bill text up
how are they going to enforce it? does it say?
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#26
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Re: Bill text up
KKF,
It does appear very robust and basically they would have a list of proscribed sites that banks would be supposed to block, including middlemen. And maybe even poker sites as far as isp blocking (though I'm not sure on that). |
#27
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Re: Bill text up
KKF,
To answer the question you seem to always be asking. Yes, it's going to be hard to enforce a lot of this, but the real question is "can they make it hard enough that fish won't deposit" and it seems like the likely answer is "yes". |
#28
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Re: Bill text up
So basically EVERYBODY PANIC!!! for real now?
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#29
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Re: Bill text up
[ QUOTE ]
how are they going to enforce it? does it say? [/ QUOTE ] It seems like this is now the billion dollar question... |
#30
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Re: Bill text up
5366 says 5 years in prison and a fine for viloating 5363 which I'm pretty sure means us. If I'm reading it right, playing poker and withdrawing the money means you can be fined and put in prison.
Does "interactive computer service" = ISP? |
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