Re: Firepay and Neteller are probably affected (Score 1)

The bill is deliberately vague in its language, and states that a "financial transaction provider" must block payments to online gambling companies. Both Firepay and Neteller would be considered to be "financial transaction providers". This langauge will be deliberate, as many, if not most, credit companies stopped allowing transfers to online gambling operations a while ago, and so Firepay and Neteller have been very heavily used in recent years. This bill aims to stop that.

Of course, the question is whether Firepay and Neteller would comply. Given they have no physical presence in the US, they are beyond US regulatory control. Neteller, for example, is based in the Isle of Man. Would the Isle of Man judiciary enforce an order on one of its own companies that is served up by the US? Will be interesting to see what happens.