Since my first contact with the concept of e-money, I have been frustrated with it. To be honest with you, I couldn’t explain why until recently. Something about the regulatory burden of trying to describe and define all types of exchanges between parties seemed like an impossible task. Even more intriguing was that the name was pretty good - e-money is an electronic form of money, as e-mail is an electronic form of mail or e-commerce of commerce - it made more sense than the concept itself. ...