Electronic Money Exchange Monitor

Skrill (Moneybookers) is one of the leading payment systems authorized to work with electronic money by legislators of UK and ЕС. Its activities are regulated by Financial Services Authority (FSA) of Great Britain. Skrill allows all types of businesses and private users having email address to safely and efficiently send and receive online payments — real time.

Tether is a system using blockchain technologies to convert cash to/from digital money while anchoring or tethering the value of its cryptocurrencies to the price of national currencies such as US dollar, euro, etc. An automatic proof of reserves process for money deposited in the Tether system is a nice and efficient alternative to traditional proof of solvency methods for electronic wallet holders.