Online Gambling Channels Accelerate the Circulation of Illicit Funds,Cryptocurrency Exchanges Must Prioritize Fund Risk Management
wublock.substack.com
By Bitrace Source: https://mp.weixin.qq.com/s/pciYFbwDIMQXjUj4B4mDyw Stablecoins play a pivotal role in our industry, providing a more anonymous and flexible value transfer and storage solution compared to traditional fiat currencies with restricted circulation. This feature has attracted significant interest from the gambling industry, as evident from a series of reports by Bitrace, highlighting the extensive adoption of Tether (USDT) - the leading stablecoin - in online gambling activities. Given that online gambling is deemed illegal in certain countries or regions, local residents or platforms accepting USDT related to gambling may face legal risks.
Online Gambling Channels Accelerate the Circulation of Illicit Funds,Cryptocurrency Exchanges Must Prioritize Fund Risk Management
Online Gambling Channels Accelerate the…
Online Gambling Channels Accelerate the Circulation of Illicit Funds,Cryptocurrency Exchanges Must Prioritize Fund Risk Management
By Bitrace Source: https://mp.weixin.qq.com/s/pciYFbwDIMQXjUj4B4mDyw Stablecoins play a pivotal role in our industry, providing a more anonymous and flexible value transfer and storage solution compared to traditional fiat currencies with restricted circulation. This feature has attracted significant interest from the gambling industry, as evident from a series of reports by Bitrace, highlighting the extensive adoption of Tether (USDT) - the leading stablecoin - in online gambling activities. Given that online gambling is deemed illegal in certain countries or regions, local residents or platforms accepting USDT related to gambling may face legal risks.