"Boards shouldn't allow transactions they don't understand," he said.
StormPay does not allow transactions to or from a list of "non-approved countries".
A split-transaction protocol is used to allow multiple transactions to be carried out simultaneously.
The ecash system was developed to allow secure anonymous transactions.
The new rule would not allow transactions in securities already listed on public exchanges.
One, nyrealty.com, is about to change its name to cityrealty.com and launch a site that will allow transactions online.
Both Vietnam and Cambodia allow such transactions as a way to satisfy their people's appetite for consumer goods.
Proponents say they are willing to install a sizable loophole allowing transactions and documentation to continue to be in English when necessary.
ATMs with skimming devices installed may also allow normal transactions to occur.
I have made a fortune in allowing certain electronic financial transactions to pass through the off-shore offices of my communications firm.
