Legal questions

Potential use case scenarios

 
we developed three different use case scenarios for the opencoin technology:

1. similar to Paypal (conventional currency)
   
2. Hub usecase (new currency/voucher)
3. In game currency
   

We decided to more closely investigate case #2, and try to get to a state with the project where we can start doing the 'Hub usecase'

Questions from the meetup meeting

 
Besides the above mentioned usecase #2, we have a couple of more generic questions that we would need to have answered.

Regulatory requirement

1. How do we qualify as E-money or bank
   
2. Can we do non-trading without being an e-money provider?
   
3. What about voucher systems? - people buy vouchers - spend with merchant - merchant can claim back
   
4. GBP? What if circulation begins? What if it is international?
   

Pure anonymity

1. Would it be illegal + Where + for whom (issuer, spender, receiver)?
   
2. Does labelling make a difference (token, currency, payment system)
   
3. Does the practice of what you are issuing make a difference - e.g. payment system, issuing currency
   

Receipts

1. Enforced/voluntary receipts - would this be sufficient for regulatory requirements.
   

Marketplace

1. Running a marketplace for digital currencies?