Auto Added by WPeMatico

Kenya Narrows Crypto-Offshore Gambling Escape Valve in Finance Bill 2026

Treasury Cabinet Secretary John Mbadi has submitted Kenya’s Finance Bill 2026 to Parliament, introducing mandatory annual reporting requirements for virtual asset service providers alongside the reintroduction of a 20% withholding…

Continue ReadingKenya Narrows Crypto-Offshore Gambling Escape Valve in Finance Bill 2026

Six Months in, the AGA Exodus Has Reshaped US Gambling’s Lobbying Landscape

The American Gaming Association published its Q1 2026 Gaming Industry Outlook on May 7, the trade group’s biannual sentiment survey conducted by Oxford Economics across 26 senior gaming executives between…

Continue ReadingSix Months in, the AGA Exodus Has Reshaped US Gambling’s Lobbying Landscape

Lithuania Proposes Mandatory Gambling Player Card System by 2029 in Most Comprehensive European Legislation Yet

Lithuania’s Ministry of Finance has proposed a mandatory player card system that would track every player’s deposits and winnings across all online and land-based operators, with a full transition to…

Continue ReadingLithuania Proposes Mandatory Gambling Player Card System by 2029 in Most Comprehensive European Legislation Yet

FBI Cracks Down on Illegal Gambling Network Using Fake Crypto

A Denver resident has been convicted of running an illegal gambling business involving several parlors across Colorado. The scheme involved electronic games and a fake cryptocurrency to conceal the exchange…

Continue ReadingFBI Cracks Down on Illegal Gambling Network Using Fake Crypto

Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds

The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for…

Continue ReadingClucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds

Latam Insights: Brazil Bans Crypto for Gambling, Worldcoin Battles Buenos Aires

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil bans the use of cryptocurrency for gambling-related…

Continue ReadingLatam Insights: Brazil Bans Crypto for Gambling, Worldcoin Battles Buenos Aires