An institution 's assets must also be valued at their fair market value the price at which willing buyers and sellers transact not at the ( frequently irrelevant ) historic value .
One can 't simply say : letting private actors transact as they please might destroy something which might possibly have an aesthetic value greater than the structures which replace it and should therefore be strictly regulated !
" The widespread adoption of internet and mobile technology is changing the way people connect and transact across the globe , so we 're focused on delivering locally-tailored payments products and services , " visa chairman and ceo joseph w. saunders said in a statement accompanying the announcement last week .