E-gold online payment system has announced that the U.S. Government has taken an important step towards implementing the Value Access Plan (VAP). According to the online payment processor the Value Access Plan (VAP) allows access to e-metal account value. Also the VAP permits owners of VAP-Qualified Accounts to be paid in U.S. dollars their proportionate share of the monetized value of the e-metals in their Accounts.‪ ‪ 

Now Muslim investors who abstain from trading in commodities on stock exchanges due to Shariah restrictions can take active part in purchasing and selling precious commodities like gold and silver in the spot market at real-time prices.

 The now shut-down online payment system e-gold reported on its blog that it is working with the various US Federal and State government authorities, including the Florida Office of Financial Regulation, the state where e-gold’s Operator is located, so as to allow some account holders to access their funds that were blocked under the previous agreement with the U.S. Department of Justice.

 Gold & Silver Reserve Inc., a Melbourne-based company, that also owns E-Gold Ltd., was fined about $3 million for allowing thousands of customers in Iran to activate ecurrency accounts within their payment system. The company allegedly exported its services without a license thus violating federal law that regulates transactions with Iran.

Internet community is again murmuring and rumoring around the situation with the now-shut-down e-currency provider e-gold. From the online forums, talkgold.com, in particular, as well as from e-gold's blog itself we have learned that the payment system posted a new message where it instructed its users to provide additional information in compliance with US legal requirements and e-gold's "Customer Identification Program" (CIP).