Policing the internet

It appears that the United States isn't the only country having a problem getting banks to control the internet for them.

Dutch banks don't like the idea much either.

Of course with what's going on with that Lori Drew prosecution it may be that they won't need the banks to do their policing for them, they can just put us all in jail for violation of the TOS from random websites.

Regulation of the internet

It appears that the US Treasury finally realized that trying to control the internet with silly banking regulation is just more than their little pea-brains can deal with.

After receiving a flood of objections from financial institutions, the Treasury Department will not require them to figure out the difference between legal and illegal online gambling, a distinction Congress deliberately left vague and regulators refuse to clarify. The Bush administration's final regulations under the UIGEA, issued last week, require American credit card companies to invent new codes for certain transactions and require financial institutions to ask their clients to avoid illegal gambling.