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The U.K. Financial Conduct Authority (FCA), which oversees the banking and finance industry, released its guidance on cryptocurrencies published its final guidance in PS19/22 on 31 July 2019.

The FCA has included a new category of regulated tokens that constitute e-money, “e-money tokens”. rather than including e-money tokens within the utility tokens category. This provides a clearer distinction between regulated security tokens and e-money tokens on the one hand, and unregulated tokens (utility tokens and exchange tokens that do not fall within the above categories) on the other.

Lots of eMoney domains to be had out there.

Happy hunting Domainers
 
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The FOC Project - An Innovative Financial System Integrating Banking, Exchanges and Payments Services


The XFOC blockchain can support the function of e-money or provide an alternative to credit cards.

https://coincodex.com/article/5521/...ting-banking-exchanges-and-payments-services/

 
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Latest Regs

emoneytokens.zil
emoneytokens.crypto
 
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IMF: Cryptocurrency stablecoins will likely put some banks out of business

The International Monetary Fund (IMF) recently released a new paper, The Rise of Digital Money, outlining a cryptocurrency-inclusive "money tree" and explaining how it expects the rise of digital currencies to impact existing institutions.

In particular, it's expecting e-money to start pressuring banks into evolving their own products and services. But to understand what e-money actually is, it's worth running through the money tree, as a useful way of highlighting how different currencies and digital currencies lend themselves to different applications and occupy different positions in the money tree.


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IBM, Intel, J.P. Morgan and Microsoft join others on new blockchain token spec

A business consortium led by the Enterprise Ethereum Alliance said their new blockchain-based token specification can create regulatory compliant digital currency for use in any number of scenarios.

Adhara and ioBuilders created an E-Money token standard that is now a TTF token draft spec and an electronic money standard that enables the use of fiat money on blockchain. The token standard includes multiple extentions commonly used in finance, such as holds (EIP-1996), clearance (EIP-2018), detailed compliance (EIP-2009), funding orders (EIP-2019), and payout orders (EIP-2021).

For example, one version of Adhara and ioBuilders' token was used for cross border remittances by Union Bank of the Philippines. The money transfers were performed in partnership with Singapore-based OCBC Bank using the Adhara liquidity management and international payments platform.

Adhara's Faura said tokenized money eventually transform existing financial systems.

"Tokenized money is essentially implementing regulated money in a bank or electronic money transfer industry or a central bank... but doing that on top of smart contracts on a blockchain construct," he said. "There's also the possibility to put that money on hold...while you do a financial process such as clearance of payments like paying for securities.

"It's just a bank using another technology to issue money," Faura added. "And, we don't need a new regulatory framework to do that."

https://www.computerworld.com/artic...join-others-on-new-blockchain-token-spec.html
 
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emoney.whatevertld regged 153...except .com and .org is the king for this name, whatelse do u guys think is great?
 
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Microsoft To Help Enterprises Mint Their Own Ethereum Tokens

'It is important to note that most Azure Blockchain Tokens are very different from bitcoin—which gets its value on an open market—in spite of relying on some similar technology. For example, the emoney token based on the Token Taxonomy Framework (TTF), also released today, will likely only have value based on its underlying assets, similar to the libra cryptocurrency being developed by Facebook'

https://www.forbes.com/sites/michae...p-enterprises-mint-their-own-ethereum-tokens/
 
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