Day: January 20, 2023

China's Cryptocurrency Casino Crackdown

Chinese authorities just recently apprehended 15 suspects for their participation in running an unlawful online betting operation moneyed with cryptocurrency. Cops took over $3.8 billion worth of EOS cryptocurrency in the raid. A Gambling First Gambling is prohibited in Mainland China other than for its state-run lotto. All other types of betting are strictly restricted. Following a […]

The post China's Cryptocurrency Casino Crackdown appeared initially on USA Online Casino.

Gaming is unlawful in Mainland China other than for its state-run lotto. China does not think about journeys to the SAR enclave of Macau as unlawful betting. Chinese authorities came across a betting initially: a prohibited online gambling establishment operation moneyed completely by cryptocurrency. Cops took over $3.8 billion worth of EOS cryptocurrency in the raid. A Gambling First Gambling is prohibited in Mainland China other than for its state-run lotto.