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    Jan 1st 2008

    Just read from Benson at DigitalMoneyWorld that LondonGoldExchange is temporary suspending its international service due to bank account closure. I guess authorities are now working very prudently especially on Money Laundering policies. The September 11 attacks effect is still felt today.

    Also something to note, (and its coming late from here) that IceGold will no longer be selling e-Gold due to its country’s Money Laundering Law

    IceGold

    Starting from December 14th 2007, no new orders for buying e-gold can be placed at the IceGold website.

    Due to the pending adoption of the new version of Estonia’s Anti Money-laundering Law IceGold can no longer complete exchanges once the law will take effect in the first half of January 2008. The new law requires exchangers of alternative payment systems such as IceGold to identify all customers face to face.

    To make sure we can complete all pending orders before the law takes effect we can no longer allow new transactions to be registered from now on as the wires might arrive too late for us to complete the exchanges.

    Already registered exchanges will be completed if the payment arrives before the law takes effect.

    We hope that this is only a temporary interruption of service and we are actively looking for solutions to continue offering our customers the best service they have becomed accustomed to over the last 7 years. Please check back here for news.

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