Virtual World Entropia Universe Issues First Ever Virtual Banking Licenses for $400,000

[aridash]

Originally Posted by Pham

dont be so happy with moneta.
i would not trust them a pec.
they have no russian legal documents like license numbers mentioned on the site.
...
also firefox cocks up about ssl cert for http://www.moneta.ru/transfer/index.htm

MA doesnt have any "licence numbers" yet people seem happy to pass $'000s on to them. depends on the services offered if this is an issue. hopefully they'll provide a direct payment channel between our bank and Ped card, in which case they wont hold any cash and their legitmacy becomes a moot point. they have put up a $200k bond effectivly.
also, dont notice anything odd about the SSL, what am i missing? [edit: think i see it now.]

Originally Posted by thoreau

Am I the only one troubled by a Russian financial institution inside EU?

why is this an issue?

[Kerham]

Thoreau, get in current century, pls.

I am troubled/amused by the "veteran" who wants to remain anonymous.

"Selling bank license 1 mil peds @ VOTE"

[Moonbiter]

Originally Posted by Pham

No, im not blind. I saw that.Those are *only* their address with which they registered the business with and bank account numbers.
Any business in Russia, especially anything like that has to be licensed by the govenmnet. If they run stuff without licensing they do that illegally (from the government and lawers stndpoint). They have to provide their licensing details like license numbers and license subject for people to check any time.
Also where is usual legal stuff like "Terms of service/usage" "Service agreement" or at least "We assure you that your money will be safe" ?!
Also their SSL certificate... Firefox (2.0.0.3, a new one) cannot check their certificate authencity. Was it that hard to sign the certificate with any other CA to stop making any browser upset? And, their legal address is registered in Moskow while the certificate has other things attached to its Subject: "O = LLC MONETA.RU
L = Kazan
ST = Tatarstan
C = RU". Which would help in solving legal disputes alot :P

Probably you're right, i'm not an expert in company registration, licences, etc, especially in Russia. I just thought you've missed that part of the site.

As for the fears that it might be some illegal company, etc.. if they make and agreement with MA to provide additional banking services, aside from the usual secured loans, i'm more than sure that MA's legal department will check everything that they can, before making any such agreements.

And to the people thinking that this company will provide the atm card service, don't forget that there's one more bank with undisclosed identity yet. Not to mention, that it might be aswell be not one of the banks that won the banking licenses.

[Protoklos]

I have heard some rumors here in sweden saying that Swedebank is going to be involved in EU.
How and if they have bought any license I dont know.

Dont know much more than that thou..

[F1r3]

/me notices nothing in lootpool of 4.000.000ped

i was getting my hopes up for nothing ^^

[thoreau]

Originally Posted by Kerham

Thoreau, get in current century, pls

I am in this century.

The assassination of a senior civil servant who led a campaign to clean up the country's banks drew calls Thursday for a merciless response from the government, as well as hand-wringing over whether Russia is outgrowing the bloody business tactics common in the 1990s.

[Nihilist]

puts in bid for first collection agency license.

[Jake Rogue]

It now appears that the wider media are now reporting that a "German Internet Bank" won one of the banking licenses:

German Internet Bank wins Banking License?!

[Kolobok]

Originally Posted by thoreau

Am I the only one troubled by a Russian financial institution inside EU?

It seems so.