- The big backlash after the sensitive leaks made by Wikileaks lead to most payments made to Wikileaks being blocked by payment processors on the request of governments. This meant that money held on behalf of Wikileaks by (for instance) Paypal was frozen and could not be accessed.
- The PATRIOT act of 2001 provides for mechanisms to regulate payments that could be used to fund or benefit terrorist organisations. The implementation of the terms of this act usually have a large impact on electronic payment systems
- The US Unlawful Internet Gambling Enforcement Act of 2006 requires payment systems to block electronic payments to listed beneficiaries. Similarly, a proposed law: Combating Online Infringement and Counterfeits Act (COICA), would also require payment processors to block transactions to sites placed on a black list.
This approach would help in the fight against cash.
(The content of this blog was triggered by the following article.)