Cryptocurrency

AUSTRAC Sanctions Cryptolink for AML/CTF Failures in Crypto ATM Oversight

Vanja Mitic
Cryptocurrency, Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Gaming Industry News, Mobile gaming, Money Laundering, Economy/Finance, Online Gambling News, Crime, Fines, Lawsuits & Litigation
Australian transaction and analysis centre (AUSTRAC) has imposed a AU$56,340 infringement notice on Cryptolink and accepted a court-enforceable undertaking to rectify major anti-money-laundering and counter-ter...

Yolo Group Steers Away from Grey Market Toward Regulated Future

Johnny K.
Cryptocurrency, Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, Bitcoin accepting properties, Licenses, Online Gambling News
One of the most prominent names in crypto gaming, Yolo Group, is preparing for a fundamental transformation of its operations. The company, best known for its flagship brands Sportsbet.io and Bitcasino.io, is s...

Underdog Partners with Crypto.com to Offer Sports Prediction Markets

Vanja Mitic
Cryptocurrency, Online gaming software, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Technology, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships
Fantasy sports and sports betting company Underdog has joined forces with Crypto.com to introduce sports prediction markets in 16 U.S. states. The partnership marks a significant move for Underdog, which is lev...

Chinese Underground Banking Networks Fuel Global Criminal Finance

Vanja Mitic
Cryptocurrency, Latest Casino and Gambling News, Gaming Law & Legislation, Online gaming software, China, Gaming Industry News, Economy/Finance, Money Laundering, Mobile gaming, Online Gambling News, Crime, Financial Fraud
Chinese underground banking systems, known informally as “fei qian” or “flying money,” have become central to the operations of organized crime groups around the world. Functioning beyond the reach of regulated...

X and Polymarket Join Forces to Revolutionize Prediction Markets

Vanja Mitic
Cryptocurrency, Online gaming software, Latest Casino and Gambling News, World Casino News, Newest casino games, Gaming Industry News, Technology, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships
X, formerly known as Twitter, has officially partnered with Polymarket, the popular prediction market platform, to provide a unique service that allows users to bet on real-world events such as elections and sp...

Cryptocurrency Revolutionizes U.S. Casino Market with Bitline and Choctaw Partnership

Vanja Mitic
Cryptocurrency, Online gaming software, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Technology, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Mergers, Acquisitions & Partnerships
In an unprecedented move in the U.S. casino industry, Bitline, in partnership with Choctaw Casinos & Resorts and fintech giant Everi, has introduced a groundbreaking cryptocurrency-based liquidity system. T...

Philippines Boosts AML Efforts Post-FATF Delisting, Eyes iGaming Risks

Vanja Mitic
Cryptocurrency, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Philippines
The Philippines has marked a significant advancement in its financial oversight mechanisms by exiting the Financial Action Task Force's (FATF) gray list, a move that reflects its strengthened anti-money launder...