E-gold online payment system has announced that the U.S. Government has taken an important step towards implementing the Value Access Plan (VAP). According to the online payment processor the Value Access Plan (VAP) allows access to e-metal account value. Also the VAP permits owners of VAP-Qualified Accounts to be paid in U.S. dollars their proportionate share of the monetized value of the e-metals in their Accounts.‪ ‪ 

Now Muslim investors who abstain from trading in commodities on stock exchanges due to Shariah restrictions can take active part in purchasing and selling precious commodities like gold and silver in the spot market at real-time prices.

Liberty Reserve has recently introduced an anti-money laundering policy which was accepted by some users as a potential threat to their funds and subsequent devaluation of the services offered by the payment processor and as a result liquidity diminution.   The new policy says:   LIBERTY RESERVE S.A. views Money Laundering as a serious criminal offence, and as such, complies with regulatory requirements intended to forestall and prevent money laundering.

 The now shut-down online payment system e-gold reported on its blog that it is working with the various US Federal and State government authorities, including the Florida Office of Financial Regulation, the state where e-gold’s Operator is located, so as to allow some account holders to access their funds that were blocked under the previous agreement with the U.S. Department of Justice.

 Gold & Silver Reserve Inc., a Melbourne-based company, that also owns E-Gold Ltd., was fined about $3 million for allowing thousands of customers in Iran to activate ecurrency accounts within their payment system. The company allegedly exported its services without a license thus violating federal law that regulates transactions with Iran.

 Internet community is again murmuring and rumoring around the situation with the now-shut-down e-currency provider e-gold. From the online forums, talkgold.com, in particular, as well as from e-gold's blog itself we have learned that the payment system posted a new message where it instructed its users to provide additional information in compliance with US legal requirements and e-gold's "Customer Identification Program" (CIP).

 New facts and unexpected details about ECUmoney In the beginning of this year our editorial staff was greatly surprised by the results of Ecommerce Journal Awards. We didn’t expect that a young and a newly launched online payment system ECUmoney. Today we decided to tell more about this payment processor and have contacted Jeremy Bonnardel, Director General of ECUmoney.

Today update (13.03.2009)DISTRICT ATTORNEY - NEW YORK COUNTY July 27, 2006.... The indictment charges that the defendants operated an illegal money transmittal business that received and transmitted $4 million between January 1, 2006 and June 30, 2006. The investigation leading to today’s indictment determined that GOLDAGE (www.goldage.net)

According to the results of voting conducted earlier this year Intexchage.com service has won in category Best Autoexchager 2008. Today we decided to publish an interview with our winner to give an opportunity to everyone to learn more about this automatic service. Here is the interview with the admin of Intexchage.com.

Caricature of Ecommerce Journal AWARDS winners

Yesterday we finally drew a line under the results of our voting. Actually when we just started our voting we thought that it will attract user’s attention however we didn’t except that the interest will be so hot. The first days the voting was very idle, however in a week after its start a real battle began. Sometimes the situation became very dramatic since the services were almost equal in popularity.

Google, ICQ, YouTube, Facebook, e-gold, Wikipedia…. Everyone knows these words. Today Internet covers most spheres of our life. We can not imagine what our world would look like if there was not Internet… People created Internet and perfected it, who are they? Who are those heroes who have changed our world and our consciousness completely? Who will remain on the pages of the world history? Here are some facts regarding people whose significant work lets us use all the conveniences and achievements of the World Wide Web today. 

Al last came the time to change calendars and to get a habit to put “9” instead of eight when writing a date. This year was a hard one, and even the most optimistic ones have noted all the troubles prepared by the world financial system. Virtual economy has also curled up and left deep scars upon the souls of thousands of people.