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Singapore Bans Use Of Crypto In Gambling To Curb Illicit Activity

Singapore Bans Use Of Crypto In Gambling To Curb Illicit Activity


Bitcoinist
2024-09-12 00:30:11

The dangers of money laundering and other associated crimes have Singaporean authorities stopping the use of crypto for gambling. Related Reading: US Congress Tackles DeFi—What’s The White House’s Position? 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


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