Perfect Money - Another step out of the US
It seems that Perfect Money (PM) is getting a bit worried as a result of the sudden interest in its e-currency/money transfer services.
The fall of Liberty Reserve played quite a role in this of course, and that's precisely why PM takes step after step to protect the Company from the clouded future that threatens all non-regulated money transfer endeavors.
Immediately after the Liberty Reserve owner got arrested in Spain, Perfect Money, which defines itself as “The absolute perfection that crowns the world e-commerce”, decided to stop accepting US customers as we reported (https://paymentmagnates.com/view-news/is-the-payment-industry-getting-sanitized-/4).
Now, PM just took another step to avoid trouble with the US authorities by moving to another TLD: In order to reach the processing company website, you will soon need to point your browser toward Iceland to Perfectmoney.IS instead of 5the good old Perfectmoney.com
Although the rationale behind the decision for a Panamanian Company to choose Iceland as the new home for its domain name remains unclear and somewhat funny, as it definitely shows that Perfect Money is making considerable attempts to avoid any exposure to the US market therefore ensuring that the company is does not demonstrate any presence whatsoever in the United States.
Perfect Money describes this as a move to "improve the brand recognition of [its] payment processing system", but the fact that the company takes this opportunity to further describe how committed they are to prevent Money Laundering Money Laundering Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund Read this Term does give a hint...
This industry urges for a regulatory structure and as much as solutions such as Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term can seem useful and are gaining popularity, the inclusion of monitoring the behavior of such organizations in the remit of regulatory authorities’ responsibility seems to be the only way to ensure sustainability
You can reach the News here: https://bit.ly/12IzCzs
It seems that Perfect Money (PM) is getting a bit worried as a result of the sudden interest in its e-currency/money transfer services.
The fall of Liberty Reserve played quite a role in this of course, and that's precisely why PM takes step after step to protect the Company from the clouded future that threatens all non-regulated money transfer endeavors.
Immediately after the Liberty Reserve owner got arrested in Spain, Perfect Money, which defines itself as “The absolute perfection that crowns the world e-commerce”, decided to stop accepting US customers as we reported (https://paymentmagnates.com/view-news/is-the-payment-industry-getting-sanitized-/4).
Now, PM just took another step to avoid trouble with the US authorities by moving to another TLD: In order to reach the processing company website, you will soon need to point your browser toward Iceland to Perfectmoney.IS instead of 5the good old Perfectmoney.com
Although the rationale behind the decision for a Panamanian Company to choose Iceland as the new home for its domain name remains unclear and somewhat funny, as it definitely shows that Perfect Money is making considerable attempts to avoid any exposure to the US market therefore ensuring that the company is does not demonstrate any presence whatsoever in the United States.
Perfect Money describes this as a move to "improve the brand recognition of [its] payment processing system", but the fact that the company takes this opportunity to further describe how committed they are to prevent Money Laundering Money Laundering Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund Read this Term does give a hint...
This industry urges for a regulatory structure and as much as solutions such as Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term can seem useful and are gaining popularity, the inclusion of monitoring the behavior of such organizations in the remit of regulatory authorities’ responsibility seems to be the only way to ensure sustainability
You can reach the News here: https://bit.ly/12IzCzs