Taiwan has blocked domestic access to Coinbase and Kalshi, with a New Taipei court authorising the country’s communications regulator and internet registry to restrict both platforms. The Criminal Investigation Bureau, which sought the order, cited suspected violations of the Public Officials Election and Recall Act, a law that prohibits operating
Coins.ph, the largest cryptocurrency exchange in the Philippines, is facing potential regulatory action from the Bangko Sentral ng Pilipinas. The allegations are that it processed transactions for restricted offshore gambling operators. The central bank is weighing sanctions against the exchange, and license revocation remains on the table depending on how
Arizona regulators have filed criminal charges against Kalshi, alleging that the prediction market platform has operated an illegal gambling business. The state has filed a twenty-count case against Kalshi. They alleged that the platform has accepted bets on elections, sports, and the performance of individuals. The state has argued that
Argentina’s authorities have blocked Polymarket across the country after a ruling by a Buenos Aires court. It declared that it operated illegally and outside the country’s legal framework and regulations regarding gambling. The country’s authorities have asked ENACOM to impose a blockade against Polymarket by internet service providers. The limited
A Chinese court has ruled that cryptocurrency futures trading constitutes illegal gambling, convicting multiple employees. Agents of BKEX, a crypto exchange that amassed over 270,000 users and generated $54.7 million (300 million yuan) in profits before authorities intervened. The People’s Court of Pingjiang County, Hunan Province, ruled that BKEX’s contract
The online casino industry has seen a huge boom in recent years, and the Australian gaming market has also seen impressive growth. The industry has been thriving since regulation came into place in 2001 under the Interactive Gambling Act. Our gambling experts have researched the gaming landscape and always strive
It’s long been said that gambling is one of the surest ways to lose your paycheck, and for traditional betting platforms that is probably true. However, with the rise of crypto gambling, betting has become more transparent, improving the odds for gamblers and ensuring absolute fairness when it comes to
Over the past few decades, casinos and sports betting shops have cemented themselves as central sites where people can go to gamble. Whether it’s placing a bet that your favorite team will win or simply rolling the dice to try and win big, gambling is a gigantic industry with a
Winz.io, a leading online casino renowned for its exceptional gaming experiences worldwide, has recently been nominated for multiple gambling awards, cementing its status as a prominent player in the online gambling industry. Nominated for its exceptional performance in the past year, Winz.io’s recognition across multiple categories serves as a testament
Recently, Sebastian Mallaby compares cryptocurrencies to gambling. According to Mallaby, cryptocurrencies cannot change the investing field. The English journalist and author Sebastian Mallaby has specific views about cryptocurrency trading. In a recent interview with CNBC, he compares cryptocurrency to gambling. According to Mallaby, Gambling is a big business, where players
