UK won’t regulate cryptocurrencies as a form of gambling

UK Financial Minister Rejects Crypto as Gambling, Advocates for Balanced Regulation

The UK is positioning itself as a leader in the cryptocurrency sector, with decisions that may have long-lasting implications for both domestic and global regulation. A Reaction to Parliament’s Committee Recommendations In a notable move, Andrew Griffith, Britain’s Financial Services Minister, has publicly rejected the notion of categorizing cryptocurrencies as a form of gambling. This…

Read More
Drake-backed gambling startup Stake faces legal hurdles in Australia

Local Legal Battle: Sydney’s Stake Challenges Drake’s Online Casino Brand

The clash of two companies sharing a name highlights the complexities in the rapidly evolving online gambling landscape. As the competition intensifies, both companies are vying for dominance by leveraging their unique strengths and resources. This has prompted an increased focus on consumer engagement and innovation, as each seeks to position itself as the go-to…

Read More