With this news that it is now prohibited to offer interest or any direct return on an investment (whether in L$ or other currency) from any object, such as an ATM, located in Second Life, without proof of an applicable government registration statement or financial institution charter – as per my original musing about Second Life, it seems that virtual regulation is absolutely on the cards… albeit not per-transaction rules at this point, although I wonder how long it will be until a regulator of the real-markets gets involved?
February 10, 2008
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Mostly... fixed income and cross product eTrading 
And as per my original musing about Second Life:
Second Life? Get a life!
Comment by waratah — February 11, 2008 @ 12:26 pm
Waratah comment triggers the beginning of the end for SL?
Finextra tells us –
http://www.finextra.com/fullstory.asp?id=18075
Dutch banking group ING says it is shutting down the online community that it launched in screen-based virtual 3D-world Second Life a year ago.
Comment by holky — February 13, 2008 @ 9:18 am
Funny how ING and ABN Amro were two of the first banks to get into SL…..something about cafes in Amsterdam comes to mind….
Comment by waratah — February 14, 2008 @ 1:29 pm
the current dealer model of providiing liquidity in highly transparent markets is about to end…. and the need for more transparency in less liquid markets is certainly demanded….by endusers and regulators. the need for credit lines and limits just complicate the OTC process….and have been used as barriers to entry in the past, …. shortly we will see an alternative marketplace
Comment by oldtimer — February 22, 2008 @ 3:02 am