E-gold wants to know which country you are in

Online payment currency e-gold now wants users to add the appropriate Country to the Point of Contact section.

If you just recently logged in to your e-gold account, you will see the note, "Please select the appropriate Country in your Point of Contact data"

Screenshot of the note and egold's explanation of the change after the jump.

According to egold, indicating the country will make it easier for them to contact the owner and send needed information via postal mail if ever the egold account got banned or lost password.

More importantly, though, the change has "the objective of preventing the use of e-gold by United States persons for unlawful online gambling," in line with the Security and Accountability For Every Port Act of 200, also known as the SAFE Port Act.

However, it doesn't seem like the account update is not a requirement to be able to continue using egold. I logged in to my egold account just a few minutes ago, did not add my Country information, but was still able to make a payment to another egold user.