eMoney Domains

[Levi_charlz]

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

 

[NickB]

Nice! Hand regs?

Yep

 

[Levi_charlz]

"First they ignore you, then they laugh at you, then they fight you, then you win,"

European Central Bank takes swipe at Libra

Speaking yesterday at the European System of Central Banks (ESCB) Legal Conference in Frankfurt, European Central Bank (ECB) executive board member Yves Mersch questioned how Libra differs from other private currencies and from public money, as well as what legal and regulatory challenges it will face, before asking directly, “In the light of its mandate, what position should a central bank like the ECB take towards Libra?”

Hype aside, to him, Libra was no different than any other established private currency, saying: “Similar to cryptocurrencies, Libra will be issued through a public ledger running on a form of blockchain technology. And similar to e-money, Libra will be distributed to end users electronically in exchange for funds denominated in fiat currencies.

“I sincerely hope that the people of Europe will not be tempted to leave behind the safety and soundness of established payment solutions and channels in favour of the beguiling but treacherous promises of Facebook’s siren call.”

https://iclg.com/ibr/articles/10054-european-central-bank-takes-swipe-at-libra

 

[Levi_charlz]

Huge Token Launch!

Binance Partners with PaxosGlobal to Launch USD-pegged Stablecoin $BUSD

https://www.theblockcrypto.com/2019/09/05/binance-launching-its-own-usd-pegged-stablecoin-busd-with-paxos-as-custodian

 

[Levi_charlz]

eMoneyTokens.eth
eMoneyTokens.com
eMoneyTokens.io
eMoneyTokens.co
eMoneyTokens.net
eMoneyTokens.org
eMoneyTokens.co.uk
eMoneyTokens.xyz
eMoneyTokens.info
eMoneyTokens.exchange

e-MoneyTokens.eth
e-MoneyTokens.com
e-MoneyTokens.io
e-MoneyTokens.co
e-MoneyTokens.net
e-MoneyTokens.org
e-MoneyTokens.co.uk
e-MoneyTokens.xyz
e-MoneyTokens.info
e-MoneyTokens.exchange

 

[Levi_charlz]

Not one mention of emoney on document but you got them all buying into it.

That’s

If you look up the FCA guidelines and look into the European Commission Directives for "E-Money" you will see it mentioned quite a bit......

Stablecoins, Central Bank Digital Currencies, and Cross-Border Payments: A New Look at the International Monetary System

https://www.imf.org/en/News/Article...-digital-currencies-and-cross-border-payments

What is eMoney?

eMoney thus also includes a version of “stablecoins” that is fully backed or collateralized by fiat currency — what some call “digital fiat currency.”

Advantages of eMoney:

Why is adoption of eMoney so rapid and widespread? First, because its value is stable relative to fiat currency. The exchange rate is 1 to 1

Tackling risks to eMoney—a potential role for central banks?

Central banks could offer eMoney providers access to their reserve accounts, under strict conditions, of course. Through effective supervision, central banks could check that eMoney issuance is fully backed; there goes risk number one. Moreover, eMoney holdings would become extra safe and liquid for customers, especially if reserve accounts were protected from other creditors of eMoney providers in case of bankruptcy.

Synthetic CBDC (Central Bank Digital Currency) :

I would instead like to draw your attention, dear colleagues, to the fact that while we were focused on alleviating risks — on protecting consumers and financial stability, all laudable goals — we inadvertently created CBDC! A new version, that is, which we call “synthetic CBDC.”

Yes, if eMoney providers can keep client funds as central bank reserves, and if these are protected from other creditors, then, by proxy, eMoney users can hold, and transact in, a central bank liability. Isn’t that the very definition of CBDC?

 

[DN_Hunter]

i M o n e y S t o r e .com
i M o o l a .com

 

[Levi_charlz]

Who Will Win the Race to Rule Crypto Payments?

Interestingly, crypto payment services now fall under UK Payment Services Regulation 2017. E-money is described as any tokens used by money transfer businesses to store monetary value for the purpose of transferring funds or payment transactions. This category also includes fiat money stored on various online wallets or prepaid cards.

For many people, cryptocurrencies remain an abstract idea removed from everyday life. Most people aren’t even aware of the technology.

But one application that can push cryptocurrencies into the mainstream is payments. Making it easy and safe for consumers and businesses to pay bills, buy and sell stuff, and deposit and withdraw funds offer significant opportunities for the technology.

The global payments market, currently dominated by traditional banks and financial institutions, is enormous. Last year, the industry generated nearly $2 trillion in revenue, an percent jump from 2017.

Payment service provider WorldPay estimates the transaction amount in digital payments alone will reach $876 billion globally by 2021.

As a result, we are witnessing a significant surge in efforts to develop crypto-payments.

Facebook, for instance, recently announced that it will launch its Libra tokens to facilitate payments across its messaging platforms.

Bakkt is reportedly developing a crypto-payment method called “Bakkt Pay”; Starbucks, Whole Foods, AT&T, and Nordstrom are potential customers.

Squarer recently debuted “Cash App” and “Square Market” in partnership with Bitcoin.

Here’s a quick guide to the plethora of companies, both traditional firms and startups, pursuing this hotly contested business.

Payment service providers

Coinbase and Visa jointly launched a debit card that people can use in off-line transactions in six European countries. The service challenges to a certain extent big international players like PayPal.

Since introducing its Bitcoin payment services in 2017, Square expects revenue from these businesses to reach $65.5 million this year.

Furthermore, the company is developing a service for users to transfer Bitcoin from outside wallets to Square. It’s not difficult to imagine that Square might eventually start a cryptocurrency exchange and offer services like money management and trusteeship.

In addition, Chinese tech giant Alibaba has created cross-border platforms for money transfer and payments between Hong Kong and the Philippines and Pakistan and Malaysia.

Tokens

Tokens, of course, are the engine that fuels the crypto payments industry. BTC, XRP, BCH, LTC, and XLM make up the world’s five largest tokens in terms of market valuation. As of August 17, Bitcoin accounted for 68.4 percent of the total market value of all cryptocurrencies.

XRP and XLM, along with their respective mother blockchain Ripple and Stellar, are more focused on settlement and cross-border payments.

As for major privacy cryptocurrencies, Monero, Dash, and Zcash enjoy the highest market values while Beam and Grin are gaining wider popularity. With their strong focus on privacy, these cryptocurrencies are especially prolific in non-mainstream markets. For instance, Pornhub accepts Monero as one of its payment methods. Wall Street Market, the black market that global authorities eventually shut down, held a large amount of Monero tokens.

Commercial banks
Banks have the most to lose as payments startups continue to encroach on their turf. Therefore, banks have invested considerable time and money in blockchain to defend their business.

According to Odaily, 38 percent of the 84 blockchain-related businesses that major banks like Wells Fargo, Bank of America, and HSBC are developing belong to payments and trade and finance. The four major national banks in China as well as China Merchants Bank are also exploring these areas.

The most impactful player thus far is J.P. Morgan. The bank’s decision to launch its own JPM digital coin provided a powerful boost to a market that was undesirable at that time.

Central banks

Central banks are keeping a close eye on blockchain technology as the emergence of digital currency will deeply alter the global financial system.

Several developing countries have already launched digital money from their central banks. Ecuador and the Marshall Islands hope to lessen the connection of their money to the U.S. dollar. Venezuela, Tunisia, and Serbia want to fix domestic economic problems and complete financial reforms.

Central banks in major powers like France, the United Kingdom, Canada and China are studying the possibility of merging digital currencies with existing infrastructure.

For instance, the Bank of France launched MADRE in 2016, an initiative to speed money transfers. And the Bank of Canada and the Monetary Authority of Singapore have conducted cross border transactions with the support J.P. Morgan and R3.

Customers

For crypto payments to gain widespread acceptance, mainstream institutions need to embrace them.

For example, Microsoft accepted Bitcoin as a payment method as early as in 2014 in its Xbox store (due to the frequent fluctuation of Bitcoin, this service ceased operation in 2018).

Twitter allows users to “give prizes” to others with Bitcoin. However, the company does not directly operate the service but rather through the “Tippin” explorer. Furthermore, Tippin uses the technology of Lightning Network to support real-time transactions in small amounts of Bitcoin. Therefore, the giver and receiver of the “prize” both need to have a wallet that supports Lightning Network.

Overstock.com has accepted Bitcoin as early as in 2014. The company plans to focus solely on blockchain. Overstock also accepts other currencies such as Ethereum, Dash, Litecoin, and NEM.

 

[Levi_charlz]

I took a punt after reading the IMF's classification's in their paper.

iMoneyTok/ens.....com
iMoneyCo/ins......com

The term "iMoney" is used to describe blockchain investment tokens backed by assets, such as digital securities.

Nice punt! You could of just secured your retirement with that one.

 

[Levi_charlz]

Banks and big tech firms can co-exist in e-money era, says IMF

https://www.theedgemarkets.com/arti...ig-tech-firms-can-coexist-emoney-era-says-imf

 

[Domainsyrup]

any potential ?
eMoney.foundation
eMoney.network

 

[Levi_charlz]

any potential ?
eMoney.foundation
eMoney.network

Top shelf keyword. Mediocre extensions.

I try relate to how ‘Domain King’ Rick Schwartz compares extensions to prime real estate.

I’m sure there will be a buyer out there but .com is where the moneys at.

 

[Levi_charlz]

I have held these for years -

iCoin.us
iCoins.us
iMoney.us

Very Nice, as soon as the SEC pulls their finger out of their arse and actually provides some clarification on Crypto/eMoney/iMoney you might find it’s their time to shine.

 

[Levi_charlz]

Out of the blocks: what Monerium’s
e-money licence means for fintech

https://www.europeanceo.com/finance...-moneriums-e-money-licence-means-for-fintech/

 

[Levi_charlz]

Massive announcements that are going shake the Crypto World.

The National Law Review

Then UK’s FCA just created the new regulated category for Fiat pegged stablecoins ‘eMoney Tokens’.

It’s no coincidence what happened next:

Financial Times

Then the Bank of England Governor Mark Carney calls for global monetary system to replace the dollar.

 

[Levi_charlz]

Not 100% sure about the niche but grabbed some anyway

emoney exchanges
emoney payments
emoney finance
emoney currency
emoney blockchain
emoney corp
emoney solution
emoney brokers

Very nice mate!

Considering these sales were so long ago I’m amazed any decent names were still available.

 

[Levi_charlz]

Monerium’s blockchain backed alternative to PayPal and Google Pay

An Icelandic startup has been given the green light for Europeans to start using its bank less money services.

PayPal, Google Pay, WePay: the explosion in ‘e-money’ providers–as they’re called by financial types–has created a trillion dollar industry worldwide.

By issuing e-money on blockchains, Monerium removes the need for intermediaries and lets you automate financial transactions in areas like payments, trade finance and securities settlement. Access to Ethereum’s smart contracts and other blockchain-specific tools is the secret sauce which Monerium’s developers believe will blow legacy systems, like PayPal, out of the water.

 

[Levi_charlz]

Why Monerium e-money is unlike Facebook’s Libra cryptocurrency

https://monerium.com/monerium/2019/...-is-unlike-facebook-libra-cryptocurrency.html

 

[Jimmysun]

e-money.online

 

[Levi_charlz]

e-money.online

Whaaaaaat!!!! Nice find!

 

[Levi_charlz]

I sold digitaldollars.com about 4 years ago for cheap. It pains me every time I think about it!

We’ve all made mistakes. Learning from them is the key.

 

[Jimmysun]

I sold digitaldollars.com about 4 years ago for cheap. It pains me every time I think about it!

That's exactly why I became a domainer.

 

[Levi_charlz]

took a punt with these 2, but if they are known as e-money tokens thought I would shorten it down a bit....

e-token.org
e-tokens.org

Nice! Hand regs?

 

[Internet.Domains]

Yeah, you’re probably right. You’ll have to excuse my enthusiasm. It’s taken me 3 years and a lot of hard work to secure a decent domain name. Just a bit excited about this one.

Enthusiasm is good! Keep sharing that enthusiasm, its contagious, in a good way.

 

[Levi_charlz]

Samsung Galaxy S10 to support three major stablecoins

Bitcoin, BNB, Major Stablecoins Added by Samsung Galaxy S10 with Wallets Automatically Generated for Phone Owners

https://news.u.today/news/bitcoin-bnb-major-stablecoins-added-by-samsung-galaxy-s10-with-wallets-automatically-generated

 

[Levi_charlz]

Coinbase outlines strategy for no-deal Brexit amid general election speculation

In an email to customers, Coinbase stated: “If the United Kingdom leaves the EU on October 31 without any withdrawal agreement in place, it is expected that CB Payments will no longer be able to provide you with e-money services, such as your euro wallet.

https://coinrivet.com/coinbase-outlines-strategy-for-no-deal-brexit-amid-general-election-speculation/