"China" Tag Results

By Dominica Naye

China’s Digital Currency to Help in Combating Online Gambling

November 18, 2019

China has been working on a new stablecoin project that is intended to help the country to strike a much-needed balance between privacy protection and regulatory enforcement. If all goes well, China will be the very first country on the planet to launch a digital currency of its own. This does not come as much […]

By Tamara Morton

$1.5B World Cup Gambling Ring Busted in China

July 15, 2018

By the end of the 2018 World Cup, itis estimated that over 4 billion people around the world will have tuned in to the tournament – with bookmakers significantly benefiting. The event will be responsible for some $36 billion in wagers, many of which will be made using digital currencies like Bitcoin. While most wagers […]

By Dominica Naye

Myanmar Casino Attacked

May 16, 2018

Casino information is not always positive, such as the situation with a Malta licensed casino with mafia ties. The news about the casino was brought up again this month after Malta refused to freeze the casino assets. Now, in an entirely different situation, halfway around the world, a Myanmar casino is suffering from the negative […]

By Dominica Naye

WeChat Will Enforce Its Zero Tolerance Policy for Lunar New Year

February 11, 2018

WeChat has a zero-tolerance policy against illegal gambling. The social media network warned users it will enforce their policy; notably, during the Lunar New Year celebrations, which start the third week of February. WeChat creators have examined the programs technical specifications to detect gambling issues. Anyone found on the WeChat site to be gambling will […]