Friday, October 23, 2020

Tag: cryptocurrency

Greentube acquires majority of outstanding CashBet Coin

Michael Bauer Greentube CashBet Coin acquisition
Greentube, the Novomatic Interactive division, has completed the acquisition of the majority of CashBet Coin CBC cryptocurrency and its underlying.

Geopolitical tensions see economic loyalty package for Macau

Macau new economic programme
A new economic programme to mark the 20th anniversary of Chinese rule in Macau has lifted struggling casino stocks in the former Portuguese colony..

Legally speaking: Blockchain and cryptocurrency in Nigeria

Blockchain Technology Nigeria
Blockchain technology “aligns perfectly” with Nigeria’s informal financial culture, writes Yahaya Maikori, partner at Lagos-based Law Allianz.

Report: African states grappling with blockchain regulation

Africa, Blockchain,cryptocurrency
Technological change is sweep- ing across Africa at a rate of knots. And unlike more developed parts of the world, a relative lack of infrastructure, institutions and interests is enabling a “leapfrogging” in financial innovation - throwing…

Is Bitcoin a currency?

Bitcoic, cryptocurrency, VAT, Gregory Price, tax
Gregory Price, tax consultant at Macfarlanes, summarises the HMRC’s latest opinion on cryptocurrencies: still a shapeshifting anomaly for tax, gambling and VAT. It depends why you are asking. For VAT purposes, transactions in cryptocurrencies…

From FastToken to the Third Eye: A whirlwind year for BetConstruct

FastToken, betconstruct
From launching a dedicated data feed provider to developing their own cryptocurrency, 2018 turned out to be a year of major milestones for BetConstruct. Now, as the gaming solutions provider gears up for an even ambitious start to 2019, here’s a look back at some…

How Asia-facing firms are riding the blockchain revolution

At the core of any successful online gaming business is the need to innovate across all areas of product and game development. Incorporating new technologies and platform advancements delivered to an audience continually hungry for innovation…

Malta leaps into sandbox once more to build cryptocurrency framework

The Malta Gaming Authority has published a Sandbox Framework, intended to lay preparatory regulation for the integration of gaming and cryptocurrency. The guidelines, a reference the first sandbox tests begun in October 2017 by auditing firm PwC, cover the…

Binance joins forces with MXE for digital asset exchange

The Malta Stock Exchange has partnered with Binance, the world’s largest cryptocurrency exchange by daily trading volume, to launch a new digital exchange in the country. The agreement was secured through the signing of a memorandum of understanding on…

Landlocked medieval principality proves unlikely crypto pioneer

The Principality of Liechtenstein has proposed new legislation to regulate cryptocurrency as part of an ongoing strategy to drive financial innovation. The Transactions Systems Based on Trustworthy Technologies Act is intended to develop the 62 square mile state’s international financial status, already bolstered by low corporate gains tax and a distinct legal position within the EEA. “The government is convinced that...

Luckbox shoots for number one spot in growing esports market

With a focus on authenticity and high ethical standards, esports newcomer Luckbox plans to set a new standard for the sector, eschewing both the fast-and-loose approach of the early skins betting firms and the one-size-fits-all approach of the bigger brands…

Welcome to the world of SPICE

Eventus International Hong Kong has announced the agenda and speakers for the 2-day Strategic Platform for iGaming Conference & Exhibition (SPICE) 2019. The announcement about the agenda and schedule was made on the newly revamped SPICE website.

FunFair Technologies launches industry-first, blockchain-powered KYC solution FunPass

FunPass launches initially in partnership with identity data specialists GBG and mobile platform Yoti. FunFair Technologies, the leading decentralised B2B casino platform, has announced the launch of FunPass: a unique, blockchain-based…

Omnia launched as world-first AI casino offering

Omnia Casino, the world’s first completely AI casino platform, has launched following over six months of development. Utilising artificial intelligence to construct the site, as well as a compliance-focused framework, the site “We believe customers deserve…

Bitcasino adds Telegram login to SOC coin integration

IGT 168 BETTING BUSINESS CRYPTO BITCASINO has announced the integration of a Telegram social media login, alongside cryptocurrency SOC coin, in a bid to widen its customer base. The brand incorporation with the Telegram messaging app marks a first for the gaming industry, with the All Sports…

Uncertain future for Jeju cryptocurrency despite government predictions

The government of South Korea has unveiled plans to designate Jeju Island a hub for cryptocurrency development, predicting additional revenues of $56.2m over the next five years. The drive follows encouragement from the Korea Blockchain Enterprise Promotion…

EvenBet pioneers no-rake poker platform

EvenBet has launched the first no-rake online poker platform NoLimitCoin Poker. Designed to target the growing market embracing cryptocurrency, the latest title follows several launches by the gaming software developer aimed at “re-energising…

New tech to enable spike in unlicensed betting

Hong Kong
Asian law enforcement agencies have stated that developments in technology are making illegal gambling harder to trace. Across the continent, which accounts for an estimated 80 percent of the $500bn global illegal market, regulatory bodies have been assessing

BlockChain Innovations Corp. CEO, Matthew Stafford to speak at iGB Live! 2018 in Amsterdam

International blockchain technology supplier, BlockChain Innovations Corp. (“BCI”), has announced that Matthew Stafford, CEO, will present at iGB Live! 2018. Stafford will be speaking at the Crypto Live event on July 19, 2018 at 2.30pm. Also attending is Morris Mosseri, Founder and CTO of BCI. Crypto Live showcases the latest and most cutting-edge technologies and products in iGaming, offering potential partners,...

Ganapati Group Company announces new Initial Coin Offering

online live casino
Ganapati Group Company has announced the creation of a new Initial Coin Offering (ICO) with their subsidiary company GanaEight Coin Ltd in Malta. The G8C token is dedicated to the online casino market. Ganapati PLC, the parent company of the Ganapati group…

BlockChain Innovations Corp. announces letter of intent to go public as US Supreme Court overturns Sports betting Ban

International blockchain technology supplier, BlockChain Innovations Corp. has announced that it has signed a letter of intent with Capricorn Business Acquisition Inc. for its qualifying transaction to go-public in the Third Quarter of 2018.

Binance backs MSX for further fintech growth

Malta has continued to embrace the cryptocurrency sector with the launch of a fintech mentoring programme supported by Binance, another step toward establishing itself as the European blockchain hub. Digital currency exchange Binance has announced…

BETDAQ: Players want an honest broker

England fans
Shane McLaughlin, managing director at BETDAQ, describes the current state of the exchange sector and how the firm is closing the gap between what’s on offer and what punters really want. iGaming times: How would you describe the level of competition in the exchange

Binance moves to Malta to establish ‘Blockchain Island’

Binance has announced it will establish its headquarters in Malta, in response to the country’s progressive blockchain governance. The cryptocurrency exchange, which is currently ranked the largest in the world due to daily trade volumes of over $1.5bn, will relocate to the island following regulatory prohibitions in Japan and Hong Kong. “Malta is very progressive when it comes to crypto and...

New betting website Buff88 focuses on cryptocurrency market

Cryptocurrency bookmaker, Buff88, has its positioned itself as the place for “a crypto fan to wager with the widest selection of cryptocurrencies” offering a selection of cryptos available on its betting website - from Bitcoin and Ethereum to Ripple and Monero

RSN set to shake up lotteries with CryptoMillionsLotto

RSN CryptoMillionsLotto
RSN Entertainment Ltd has confirmed the launch of its ICO for CryptoMillionsLotto offering the highest crypto jackpots available and removing current barriers afflicting players’ access to international lotteries.

CasinoCoin herald dawn of Blockchain at Juegos Miami

CasinoCoin John Caldwell
‘The most exciting thing we’ve seen since the early days of the Internet’ is how John Caldwell, Director of Advocacy at the CasinoCoin Foundation, describes the ever-expanding world of Blockchain.   Ahead of a dedicated panel on Blockchain technology at this year’s Juegos Miami (May 30 – June 1, Biltmore Hotel, Miami), Caldwell addresses the legalities for the solution in Latin...

True Flip slots into place with brand new Chain’s Code

Chain's Code True Flip BitCoin
The blockchain fair games operator, True Flip, has developed and launched its first slot game Chain’s Code.   Chain’s Code features a single-line slot machine with a centralized play button for speed, ease of use and substantial replayability. Draws take place every 10-15 seconds, making Chain’s Code the fastest game from True Flip so far. True Flip claims the game is based...

Central banks address cryptocurrencies growth in SA, Nigeria

cryptocurrency central
Two of Africa’s most significant gaming markets continue to see the rapid adoption of cryptocurrencies, as their respective central bank express the first signs of the jitters.   In Nigeria, where the trade in digital currencies such bitcoin grow faster than anywhere else on the continent, the central bank has warned that using their fluctuating value as an income stream is...

SBTech’s Tom Light to establish new blockchain and gambling venture

sbtech light
Tom Light, senior vice-president of business development at SBTech, is to leave the group to establish a new blockchain-based betting company.   He “will unite blockchain and gambling and leverage the power of the crypto-currency in a gaming and betting environment” SBTech said in a statement.   Light joined the company in 2014 to lead its business development and commercial efforts and...