Friday, January 06, 2006

E-gold under attack

For quite some years now, e-gold is operating on the web. It is a gold-deposit account with no fixed monetary value. And it allows to some extent anonymous banking (only telling the policy with a warrant, who are its customers). But now that the size of e-gold reserves are well beyond the reserves of many a small central bank, the regulators come in. Ian Grigg reports about it here.