The Sardex Factor

IRTA Barter Exchanges, Community Currency

Carlo Mancosu and a group of childhood friends founded Sardinia’s first local currency: Sardex. Arts and humanities graduates with little financial experience, they built it from scratch in their home town of Serramanna as the island reeled from the financial crisis. Their hope was that the project would give them a job in the place where they had grown up. …

Connecticut Bar Association Renders Favorable Opinion

IRTA Barter Exchanges

IRTA is pleased to report that the Connecticut Bar Association rendered an opinion on July 15th, 2015 that concludes that attorneys are permitted to participate in barter exchanges in the State of Connecticut. The well reasoned “Informal Opinion 15-04 – Lawyer’s Participation In A Barter-Exchange Program” states that payment of legal fees via trade dollars is permissible. Additionally, the opinion …

Dutch Court Rules in Favor of TradeQoin in Defamation Case Against TradeXchange Netherlands

IRTA Barter Exchanges

A Dutch Court has ruled in favor of TradeQoin regarding recent Linkedin statements made by Jacob Musschenga of TradeXchange Netherlands, which referenced Dennis Smith blogs as the authority for Mr. Musschenga’s opinions about TradeQoin. The Court disqualified Mr. Musschenga’s Linkedin posts by concluding that reliance on Dennis Smith untrustworthy blogs was improper. Mr. Musschenga was ordered by the Dutch Court …

IRTA Receives Favorable Opinion from California Commissioner of Business Oversight

IRTA Barter Exchanges, IRTA News

The global proliferation of Bitcoin and other crypto-currencies has caused many governmental agencies to review their financial code sections that relate to money transmission reporting requirements. Since the FinCEN advisory was released last year, there has been great concern and confusion in the barter industry. Some state governments are reviewing their own codes. There is concern that such reviews might …

IRTA Weighs-In with The State of California to Protect the Barter Industry

IRTA Barter Exchanges, IRTA News

The California Bureau of Consumer Financial Protection (CFPB) is proposing changes to the California Money Transmitter Act that could negatively impact the U.S. and international barter industry. Therefore, IRTA has written a letter to the Legal Division of the California Department of Business Oversight in an effort to explain the history of our industry and to request that any changes to the …

UC News, Cryptocurrency, Cryptocurrencies

Lois Dale Selected As 2013 Barter Hall of Fame Inductee

IRTA Barter Exchanges, Events

“First Lady of Barter” Will Receive Award at IRTA’s Las Vegas Venetian Resort Convention   The Hall of Fame Committee is pleased to announce that Lois Dale, barter industry veteran and past President of IRTA has been selected to receive the 2013 Hall of Fame Award at IRTA’s 34th Annual International Convention being held from September 19th through 21st, 2013 …