Singapore Bans Use Of Crypto In Gambling To Curb Illicit Activity

Singapore Bans Use Of Crypto In Gambling To Curb Illicit Activity

Source: Bitcoinist The dangers of money laundering and other associated crimes have Singaporean authorities stopping the use of crypto for gambling. Singapore’s parliament has passed amendments to the Casino Control Act, designed to further enhance the effectiveness of the country’s casino regulatory regime and its safeguards for the more vulnerable sections of its population. In…

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