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Protests have been growing over UIGEA
 November 11, 2008, 8:52 am (3 years ago)The rush to apply supporting rules for the Unlawful Internet Gambling Enforcement Act previous to the change in US managements keeps on to make the majority and industry headings, with the chairman of the House Financial Services Committee, Congressman Barney Frank, firing the latest salvo.
Last week the news appeared those federal drafters had silently followed the much-argued rules to the US government's Office of Management and Budget in the next process in the direction of the entire accomplishment of the 2 year old contentious Act. The action was extensively taken as a "midnight drop" - political saying for an outgoing supervision urging via contentious laws previous to the next management takes power.
If applied, the regulations are going to stop monetary transactions with online gambling companies, depending on the overloaded American monetary services business for the enforcement of a regulation that has been commonly argued for lacking both reasonableness and accuracy, and leaves the meaning of what comprises an "illegal gambling transaction" open to understanding.
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