Archives mensuelles : janvier 2018

The Ripple Consensus Ledger Concept create free bitcoin casino

The Ripple Consensus Ledger Concept

Since this company has been focusing on the development of blockchain technology, the title Ripple will be known by digital money enthusiasts. Or to be more precise, they provide financial players — mostly banks — which will help reduce prices with settlement solutions that are global.

But that is not all this business does, as they want to offer trades in real-time, which is of high value in the international money transfer sectorbitcoin online casino bonus bitcoin casino deposit bonus Settling these transactions is made possible due to the Ripple Consensus Ledger, which can be the distributed ledger for the XRP digital advantage. Unlike Bitcoin miners, the Ripple network employs individual validators to confirm transactions and bitcoin casino with high payout chance.

Ripple Consensus Ledger

One of these Ripple validators will be run by MIT, as their Connection Science research initiative is investigating the options of a global Byzantine consensus database. This news is a substantial notch in the belt for Ripple, as MIT is among the world renowned institutes. Moreover, more validators offer somewhat more decentralization to this concept, and on the Ripple Consensus ledger will strengthen the community.

MIT Professor, Alex Pentland, shared his vision as follows:

In this new experiment with Ripple, we are taking MIT’s experiential research approach to the blockchain, and we expect this collaboration provides us new opportunities to test and deploy information applications and research.We’re pleased that the Ripple team has fostered a substantive dialog with us about the future of finance through the decentralization of digital currencies and value.

Professor Pentland and Managing Director David Shrier will direct the involvement of MIT as a Ripple Consensus Ledger validator. Furthermore, MIT Connection Science will continue to develop novel blockchain initiatives, and open source their code projects under the Internet Trust Consortium »umbrella. »

Both entities have a whole lot of mutual respect for one another, and Ripple is very excited to have MIT on board. Allowing money to move freely across the world — like how information is shared on the Web —  is a significant project, and having such a renowned institute contribute to those efforts can be invaluable to Ripple.

It must be said that MIT won’t have to use up resources to be a validator on the Ripple Consensus Ledger. All of these systems may be compared to running an email server, and are very lightweight. Keeping in mind how this technology was embraced by 30 banks around the world, exciting things seem to be on the horizon for all parties involvedbitcoin casino free spins 2018 bitcoin casino software prices

What are your thoughts on MIT getting a validator on the Ripple Consensus Ledger? Tell us in the comments below!

Source: Business Wire

Images courtesy of Ripple, MIT, en.wikipedia.org

Source: bitcoincasinoreview.net

OSHI Casino Review

 Top-notch oshi site Each one of the games at Oshi Casino meet the equity criteria of iTech Labs, a highly trusted independent auditing agency. Video poker players at Oshi Casino can put their abilities to the test with 14 different versions, each one offering a different challenge for players looking to get the best wager they could. Players in Oshi Casino have access to a number of the most advanced slots on the net. some blockchain casino They take a serious approach to the gaming addiction problem and even supply a nice article on handling gambling addiction and accountable gaming directly on the casino website. Provided Oshi casino is currently using at oshi bonus Bitcoin as the in-game money all of the deposits and withdrawals are instantaneous and completely anonymous. In addition, I should mention that all games are provably fair.

Complete details of the procedure along with a copy of the particular credentials have been publicly displayed on the any oshi casino site so this is a welcome movement to show that the veracity of the casino's reasonable structure. In addition to the ones that are under the legal age for gaming, gaming oshi.io Oshi additionally welcomes players in the united states, UK, Israel and Spain,  finally oshi.io together with people from any state where betting and casino play has been outlawed. Oshi like to treat their players nice offering not only user-friendly layout and a high number of available games but also several bonus offers. Players in you oshi.io Casino can count to a 24/7 live chat support service in English, Russian and German. presented oshi bonus Oshi Casino offers many of its leading slots and casino games to gamers on mobile devices.

 

The Way to always win on OneHash

We're searching for someone to write articles for our site that features news and video content related to the poker, casino and sports betting industry. Dubbed as a"mutual bitcoin gambling" website, proud onehash site of is a comparatively new gaming site that offers a distinctive kind of experience. Mutual gambling covers the following sports: basketball, esports, American football, hockey, baseball, rugby, volleyball, handball, combat sports, cricket, tennis, motorsport, special occasions, and cryptocurrency rates.

The user interface for OneHash would likely appear new to people who have already tried other online casinos. In our experience, we needed to switch to another browser (Chrome) to sign up since there seem,s to be a problem with Firefox and the CAPTCHA program on OneHash. Enrolling for a check blockchain casino accounts is a brief and simple process. You can immediately proceed to find a game and setting your bet.

Willemstad, Curacao.  New products were built and released with the intention to create a new caliber of matches by providing players more displayed onehash review participating and aggressive tactics to enjoy extra activities between gambling in their favorite events. If the total prize bank sits at 0.02 BTC then there is no way you may put a 0.1 BTC bet and hope to find a payout of 0.2 BTC. The permitted amount to be withdrawn in the wallet can't go past the current confirmed equilibrium less the amount of unconfirmed funds (in-play resources, Best onehash site resources with blockchain affirmation pending standing, OneHash credits).

I still didn't tried the sports betting, but I will, when I get up to date with the current championships. Maybe onehash didnt clarify another cool feature which I used to claim bitcoin at no cost. like onehash bonus Our priority is to keep the service simple, beautiful and easy to put a wager with just two clicks. Betting and casinos sites tend to be ugly, overcrowded and filled with features people seldom use.

OSHI Casino Review

 Top-notch oshi review All of the games at Oshi Casino meet the fairness standards of iTech Labs, a highly trusted independent auditing agency. Video poker players at Oshi Casino can put their abilities to the test using 14 distinct versions, each one offering a different challenge for gamers seeking to get the best bet they could. Players in Oshi Casino have access to some of the most advanced slots on the net. a number blockchain casino of They take a critical approach to the gambling addiction problem and even provide a wonderful article on handling gaming addiction and accountable gaming directly on the casino site. Provided Oshi casino is utilizing in oshi bonus Bitcoin as the in-game money all the deposits and withdrawals are instantaneous and completely anonymous. In addition, I should mention that all games are provably fair.

Complete details of the process and a replica of the particular certificate have been publicly displayed on the any oshi site website so this is a welcome move to reveal the veracity of the casino's reasonable structure. In addition to the ones that are below the legal age for gaming, gaming oshi bonus Oshi additionally welcomes players in the united states, UK, Israel and Spain,  ultimately oshi.io as well as those from any country where betting and casino play is outlawed. Oshi like to treat their players nice offering not only user-friendly layout and a high number of available games but also several bonus offers. Players at also oshi site you Casino can rely on a 24/7 live chat support service in English, Russian and German. introduced oshi review Oshi Casino offers a lot of its top slots and casino games to gamers on mobile devices.

 

The Ripple Consensus Ledger Concept create free bitcoin casino

The Ripple Consensus Ledger Concept

Since this company has been focusing on the development of blockchain technology for financial institutions over the last few years, most digital currency enthusiasts will know the name Ripple. Or to be more precise, they supply global settlement solutions.

But that is not all this company since they also want to provide tradesbitcoin wallet for casino best bitcoin casino app Settling these global transactions is made possible thanks to the Ripple Consensus Ledger, which is the distributed ledger for its XRP advantage. Unlike Bitcoin miners, the Ripple network uses individual validators to confirm transactions and bitcoin casino with high payout chance.

Ripple Consensus Ledger

One of these Ripple validators will be conducted by MIT, as their Connection Science research initiative is investigating the options of a worldwide Byzantine consensus database. As MIT is among the world renowned technological institutes, this news is a notch in the belt for Ripple. Moreover, more validators give decentralization for this concept, and on the Ripple Consensus ledger will strengthen the community.

MIT Professor, Alex Pentland, shared his vision as follows:

In this new experiment with Ripple, we’re taking MIT’s experiential research approach to the blockchain, and we expect this collaboration provides us new opportunities to test and deploy data applications and research.We’re pleased that the Ripple team has fostered a substantive dialog with us about the future of fund through the decentralization of electronic currencies and value.

Professor Pentland and Managing Director David Shrier will direct the involvement of MIT . Moreover, MIT Connection Science will continue to create novel blockchain initiatives, and open source their code projects under the Internet Trust Consortium »umbrella. »

Both entities have a lot of respect for each other, and Ripple is excited to have MIT on board. Allowing money to move freely through the world — like how information is shared on the Internet —  is a significant project, and with such a renowned institute contribute to those efforts can be invaluable to Ripple.

It must be said that MIT will not have to use up too many resources to be a validator on the Ripple Consensus Ledger. All of these systems are very lightweight, and may be compared to running an email server. Keeping in mind how 30 distinct banks around the world have embraced this technology, things that are exciting appear to be on the horizon for all partiesno deposit bonus code bitcoin casino how to start a bitcoin casino

What are your ideas on MIT getting a validator on the Ripple Consensus Ledger? Tell us in the comments below!

Source: Business Wire

Pictures courtesy of Ripple, MIT, en.wikipedia.org

Source: bitcoincasinoreview.net

TrueFlip Review — Anonymous and Transparent Lottery

There are many choices for online gambling with cryptocurrencies, however maybe perhaps not all of them are always worth checking out. For people who wish to utilize their bitcoin along with other cryptocurrency resources to gamble, they need to be sure that they are playing on secure websites that are reasonable rather than simply taking them for a ride. Trueflip really is a pleasant one that may be worth looking into in case you like online lotteries.

WHAT DOES TRUEFLIP OFFER?

Trueflip is a global blockchain lottery that's anonymous and transparent about its trophy fund. It is a simple and tasteful platform. The participant chooses five numbers between you and forty-nine, then an additional amount from one to twenty five. This is not unlike the powerball lottery a few of you might be acquainted with, however with higher odds of winning -since the overall choice in amounts is radically reduced-. This implies it pays out roughly 1.3 times more frequently than the powerball lottery does. Filling out these tickets is quick and easy.

Another important element of any lottery would be the capacity to pay to perform . Simply filling out a ticket can only ever get a player up to now. Trueflip allows the player to select between a vast array of payment methods. Whatever payment method used is converted to Bitcoin and moved to the Bitcoin Prize fund. This fund is completely transparent so all withdrawals and deposits are observable. This keeps gamers and programmers honest with each other.

The drawings are each day plus they operate at 8:00 pm GMT. The actual drawing code is posted on their GitHub and is still a really interesting piece of programming. Anyone who discovers that sort of thing interesting may enjoy taking a look at their code. Outcomes of these drawings are posted on their social networking pages instantly afterwards.

 

The breakdown of this winnings fund is very generous per drawing. The jackpot gives the entire fund, but requires that each amount is figured correctly and in the appropriate order. From there prizes range from several dollars to fifty per cent of their jackpot. While the odds are obviously pretty subdued, this is not anywhere near as bad as say lotteries with fiat. The jackpot at the right time of writing this is about 46 Bitcoin.

Winnings do carry a 4 percent commission, also there are some deductions from what you put where go toward upkeep and advertising of their lottery.

If you're in the market for a brand fresh cyrptocurrency lottery, you may want to check out Trueflip for their professionalism, commitment to your privacy, and also focus on keeping the lottery as translucent and as honest as possible.

Trueflip's site: https://trueflip.io/

This is a sponsored article and doesn't necessarily represent the opinions held with some of The Merkle workers. This is not trading, investing, or gambling advice.

The Macau Dragon Corp Is Conducting an ICO to Finance the Development of a Casino bitcoin casino instant deposit

The AMCM Informed Local Financial Institutions That They Must Not »Participate in or Provide… Financial Services Related to [Virtual Currencies] »

Macau’s ban on financial institutions providing services to companies working with bitcoin was sparked by the recent cryptocurrency crackdown of China. The Monetary Authority of Macau states that »because of recent happenings of funding activities through issuance of tokens in the Mainland, financial institutions and on-bank payment institutions are prohibited explicitly by Mainland authorities from providing services for these tokens and virtual currencies. »

Macau known as the Macao Special Administrative Region of the People’s Republic of China, is a sovereign territory administered under Chinese sovereigntyBitcoin Lottery site In Macau, unlike China, making the territory a hub for gambling and casinos, gambling is legal. Macau has become the subject of a crackdown on money laundering by Beijing, with regulators moving to track capital outflows into the land — such as the introduction of ATMs that scan for identity card checks and facial recognition throughout Macau during cash withdrawals.

According to Reuters China, the AMCM stated that »in light of the recent development of a large number of inward currency issuance financing activities, speculation in speculation, the mainland ministries have banned financial institutions and non-bank payment agencies to provide financing for the currency and virtual money and bitcoin live casino no deposit bonus. » Macau’s financial regulator also said that it had sent a »letter to all banks and payment associations in Macao, shouldn’t directly or indirectly participate in or provide any financial services related to [virtual currencies]. »

The Macau Dragon Corp.. Is Conducting an ICO to Fund the Development of a Casino

Macau’s ban on financial institutions providing services to virtual money companies comes during the same week that Macau-based gaming company, Dragon Corp., established an initial coin offering to raise $500 million USD to the construction of a casino in partnership with Thai-based Wi Holding. The CEO of Wi Holding, Chakrit Ahmad, told CNBC that the crowdsale will include »the first time anyone has allowed the public to invest in a public junket or become a shareholder of a casino. » Despite Dragon Corp’s proposed casino set to be assembled in Macau, the ICO will not be subject to the crackdown of Macau because of this crowdsale being issued in Hong Kong.

Dragon Corp’s crowdsale has generated controversy in China, as the 61-year older former-boss of infamous criminal organization Triad Society, Wan Kuok-Koi, was photographed at the signing ceremony for the partnership between Dragon Corp. and Wi Holding.

Do you think that Dragon Corp.’s ICO will successfully evade Chinese and Macau regulators? Share your thoughts in the comments section below!

Pictures courtesy of Shutterstock

Want to create your own secure cold storage paper wallet? Check our tools section.

Source: bitcoincasinoreview.net

Greatest Dogecoin Casinos & Gambling Sites | Best Bitcoin Casinos 2019

 

Best Dogecoin Casinos & Gambling Sites

It's certainly a"Doggy-Dog-World" on the market today! With all the online casino contest, it is really tough to discover. We're not just looking for an online casino And of course but we specifically need one which supports Dogecoin! There are a whole lot of internet casinos today but there are only handful reputable casinos that are ready to take your"Doggy" coins. These days, we will be giving you guys a listing of websites that take DOGE for your online casino gaming needs. Without further delay, let's talk about that!

Bark up your way with 1xBit. com!

If you're currently interested in non-stop betting action you may want to look into what 1xbit. com has in store for you. They're a site which has a lot in regards to supplying the best gaming casino games and lines across the industry now. What's 1xBit. Com and therefore are we convinced that they will provide exactly what you require? The website has been operating since 2007 which explains everything! Then they are doing something When you've got an internet casino that has been operating for a long time and still continues to operate.

1xBit. Com not only provides excellent internet casino matches , they are also a wonderful website to wager on your favourite sports! They double as a sportsbook and some might even say they focus on this market more than their online casino itself. However, in spite of the fact that they have a million of Football lines to wager on, they still possess a competent online casino that can provide the use of your coin that is DOGE to fun.

Please be advised that they do not have any individual website for their own casino and sportsbook. This means that you will just need to browse through their main tabs and look. For example, below their"Slots" tab that they have games like Booming Bananas, Paris Nights, Lucky for you personally, Vegas Wins, Crazy Nuts, Super Gold, Gold Rush, Crystal Land, and a whole lot more! Moving on for their own"1xGames" tab wherein you'll see the rest of the casino games which don't have their tab to be listed at. Here players are going to be able to choose from ones that are bizarre and slot machine games that you wouldn't find anyplace else.

Needless to say, each online casino should and always have a"Live Casino" tab since this is what the majority of folks would like to play at. Here in 1xBit. You will be able to experience live casino play with their beautiful dealers and play Baccarat, Blackjack, Poker, Roulette, and Keno. They have tabs for Toto, Poker, and Forex. They also offer a live support, If it comes to customer support. The website is amazing that we couldn't say more!

Best Dogecoin Casinos & Gambling Sites

MBitcasino.com takes DOGE!

Looking for somewhere to invest your coins? Have you ever looked into mBitcasino.com lately? The website provides a whole good deal of selections to choose from if bet or you want to splurge a number of your coins. They've a whole lot of on-going promotions that everyone can take part of as long as they are a registered account holder of the website. They have slot races for all the coins that they accept on the site and the race is awesome and exhilarating at precisely exactly the exact identical time. Besides their promotions and bonuses when you join, the website is keen on making certain that their customers are happy and are well cared for. They provide a live service that provides quick responses to your issues concerning the website or your account. Aside from their regular customer support station, they also have social media accounts you will have the ability to receive the updates on the site and read consumer responses.

Now that we understand more about the website, would you feel that will like what they have to give? Their matches are split into different tabs Slots, Blackjack, Live Games Releases Stakes, All Games, Jackpot, and Table Games. Even the"Latest Releases" tab obviously contains all the recently released slot machines games like Donut Rush, Eat them all, Lotus Kingdom, Peony Ladies, Maya Mystery, Nights of Fortune, Neptune's Kingdom, and Abundance Spell to list a few new titles. The"High Stakes" tab has something wrong with it for a very long time now and we urge to steer clear of it.

Both Slots and Blackjack tabs are although the Jackpot tab comprises all the jackpot slots game. This is the location where in the event you wish to acquire a crazy number of coins, you would like to be! Table games include Blackjack, the Poker, Baccarat, and Roulette tables. And should you truly feel as though you would like to have others with you while you play then check their"Live Games" tab that contains all the previously mentioned table games but using a live dealer in front of your screen.

Playamo.com supports DOGE

Want to join the celebration? Why don't you combine the Playamo.com party! Because they have this weekend celebration wherein they hold a slot machine race that will provide you the chance to acquire EUR 2000 and 5000 free 36, that a matter here in Playamo.com! Please be advised that 150 winners will divide the prizes however may have a point system, meaning that you need to perform your best to win the prize. Playamo.com is unquestionably a site which isn't shy about giving out bonuses and promotions out to their customers and individuals that are ready to create an account with them. They even give out FREE SPINS each Monday and also all you will need to do is deposit money in your accounts to ensure it is qualified for the week. They encourage a VIP program that gives out a Ferrari 488 GTB!

The site definitely has a lot when it comes to promotions, but do they have the matches which you have to bet your DOGE at? For their own Slots tab, they've Satoshi's Secret names such as Aztec Magic, Eye of Ra Agent, Novel of Pyramids, Lucky Bells, Hot Scatter, and Fairy Tale to name a few. They also have another tab for Blackjack wherein players of this wonderful table game will discover a home here in Playamo.com due to the number of live and regular tables they must play with. Their tab contains over a decent number of tables to allow you to choose from. This is one!

The dwell casino tab includes games and of course. They do what they can to aid you with complaints tab and their live chat support team If it comes to client support. All in all, the website is adequate and contains everything that you need in an internet casino website which takes coins that are DOGE.

 

Rastafarian DOGE using Bobcasino.com

It isn't impossible to envision Snoop Dog smoking a massive blunt out, when you state DOGE and Rastafarian within one sentence! Now that you've envisioned that in your mind, what exactly does this website must do with coin that is DOGE? Now you can definitely use your DOGE's here at Bobcasino.com and appreciate their Slots and Table Games. To list a few titles below their SLOT tab we've got 7th Heaven, two Million BC, 4 Seasons, at Birds Treasures, Barbary Coast, the movies, and Fruit Zen. With their Games, they provide Baccarat, Blackjack, and Roulette tables to enjoy.

The website is not quite as big as the prior ones we mentioned now but they do provide a unique gambling experience! Additionally they have promotions and VIP applications which can help you bet on the site and opt to make an account. They provide a customer support team which can aid you with all your issues and concerns. If you love a little casino website that has enough games to pick from then you may want to appear in to Bobcasino.com.

1xslot. Com DOGE Interesting!

There are a whole good deal of people out there that would rather play with a site which focuses on online casino gaming instead of playing at a sportsbook/casino website. The reason for this is that websites which are centered on supplying casino games alone are somewhat less"laggy" than those offering sportsbook services in the same time. 1xslot. Com is perfectly the website that we simply described what people love about online casino websites and more! The website offers a good deal of games and tables that are live that you would love!

Players are able to enjoy their Slots tab titles like Booming Seven Deluxe, Benny the Panda, Lucky For You, Royal Wins, Paris Nights, Totem Lighting, Vegas Wins, Booming Bananas, Dracula's Castle, Crazy Nuts, Blood Queen, Dual Crazy Nuts and dozens more! They, clearly, have Blackjack, Baccarat, Poker, Roulette, and Keno everyday matches to appreciate too. How in their Live Casino tab? Their casino tab consists of amazing tables in Asia Gambling Evolution Gaming, eZugi, Lucky Stream, xPG, Portomaso Casino, along with Vivo Gaming. Simply speaking, they have all that you have to be packed in one website. The site provides Languages for our friends who are non-English speakers with support. If you want an awesome site start looking into this website; you might be barking at the wrong casino today.

Crypto-games. Net Automated Casino games using DOGE

Crypto-games. Net is a website that provides a collection of casino fundamentals in their automated versions. Here you'll have the ability to bet utilizing different types of alt coins including DOGE. Players Will Have the Ability to wager on matches such as Lotto, Plinko, and Dice Blackjack, Roulette, Video Poker. What's the difference from a casino game from an automated one? Regular casino games are mostly supplied by sport providers that you usually see tagged just like Mr.Slotty, and NetEnt to mention a couple. With online casino matches that are automatic, these are games which are mostly a few people desire in regards to online playing with and gambling casino games and operate with Provably Honest.

Because you will have the ability to jump right into a match the website is anonymous along with an automated address is going to be provided for the depository needs. You do not even need to have an email address. The disadvantage of Crypto-games. Net is that they don't have any live service but they do have accounts like YouTube, plus on Facebook, Twitter Plus. It a website for a specific niche of individuals. If you love games that are automatic and is looking for a site to gamble using their DOGE coins at, this is the place for you!

 

DOGE stakes with Bitcoinpenguin.com

Bitcoinpenguin.com is absolutely a site that has evolved to be among the ideal crypto-based casino websites today. They provide a fantastic number of games that you will have the ability to enjoy playing with. They have an great selection of slot machines games from classics to the ones now. Titles include Admiral Nelson, Crazy Starter, Book of Aztec, Book of Fortune, Book of Pyramids, Brave King, and a Couple of dozen more. Their Card Games tab has all casino favorites like Blackjack, Baccarat, and Poker. The site supplies a tab for Roulette making it easier for fans of the wheel game that is amazing.

They also supplied tabs on Live matches, Video Poker, Lottery, Craps, and slots. Their casino tab contains tables offered by eZugi and contains Roulette, Keno, Blackjack, and Baccarat. When it comes to supporting, the website gives a live chat feature to all their customers.

Using DOGE coins for betting at BetChain.com

Buy your DOGE coins out because BetChain.com is now accepting them as a part of their deposit choices. The website takes Fiat and Bitcoin payment choices, but now aside from DOGE they currently support a couple more coins. What's this site all about? The Site offers a Great Deal of Internet casino games with tabs such as Roulette, Slots, Poker Games, Video Poker, Card Games, and Jackpot Games. On this site, Jackpot Games are enormous with jackpot prizes that are crazy! Play tiles such as Mega Fortune, Cosmic Fortune, Greedy Goblins, It came from Venus, Mega Glam Life, Mr.Vegas, along with Tycoons to name a few.

We'd like to inform you guys that they don't own a separate"Live Casino" tab to the website but they do have live casino games. All you have to do is use type and then their search button in the sport you want to playwith. They do have Roulette, and Blackjack tables to enjoy here. The website offers aid during their live chat feature which you'll be able to get on the reduced corner of the site If it comes to customer service. The website is a sure success for people which are looking for a website to devote their DOGE at.

 

The Macau Dragon Corp Is Conducting an ICO to Finance the Development of a Casino bitcoin casino instant deposit

The AMCM Informed Local Financial Institutions That They Must Not »Participate in or Supply… Financial Services Related to [Virtual Currencies] »

Macau’s ban on financial institutions providing services to firms operating with bitcoin was sparked by China’s current cryptocurrency crackdown. The Monetary Authority of Macau states that »due to recent happenings of financing activities through issuance of tokens from the Mainland, financial institutions and on-bank payment institutions are prohibited explicitly by Mainland authorities from providing services for these tokens and virtual currencies. »

Macau known as the People’s Republic of China’s Macao Special Administrative Region, is a sovereign territorybest anonomous bitcoin casino bitcoin casino with practice play mode In Macau, unlike mainland China, making the land a regional hub for gaming and casinos gambling is legal. Macau has become the subject of a crackdown on money laundering by Beijing, with authorities moving to track capital outflows into the autonomous territory — including the introduction of ATMs that scan for identity card checks and recognition throughout Macau during cash withdrawals.

According to Reuters China, the AMCM stated that »in light of the recent emergence of a large number of inward currency issuance financing activities, speculation in speculation, the mainland ministries have banned financial institutions and non-bank payment agencies to offer financing for the currency and digital currency and bitcoin live casino no deposit bonus. » Macau’s financial regulator also said that it had sent a »letter to all banks and payment institutions in Macao, should not directly or indirectly take part in or provide any financial services associated with [virtual currencies]. »

The Macau Dragon Corp.. Is Running an ICO to Fund the Growth of a Casino

Macau’s ban on financial institutions providing services to virtual currency companies comes during the exact same week that Macau-based gaming company, Dragon Corp., established an initial coin offering to raise $500 million USD for the construction of a casino in partnership with Thai-based Wi Holding. The CEO of Wi Holding, Chakrit Ahmad, told CNBC that the crowdsale will include »the first time anyone has allowed the public to invest in a public junket or become a shareholder of a casino. » Despite Dragon Corp’s proposed casino set to be constructed in Macau, the ICO won’t be subject to the crackdown of Macau because of this crowdsale.

Dragon Corp’s crowdsale has generated controversy in China, since the 61-year older former-boss of infamous criminal organization Triad Society, Wan Kuok-Koi, was photographed in the signing ceremony for the partnership between Dragon Corp. and Wi Holding.

Do you think that Dragon Corp.’s ICO will successfully evade Chinese and Macau regulators? Share your thoughts in the comments section below!

Pictures courtesy of Shutterstock

Want to make your own safe cold storage paper wallet? Check our tools section.

Source: bitcoincasinoreview.net

The Central Bank is Learning About Bitcoin But Are Too Broad https bitcoincasinoreview info

New Virtual Currency Policies Coming to the Philippines

Philippine Central Bank Deputy Governor Nestor A. Espenilla

Bitcoin.com reported last June that the Philippines central bank, Bangko Sentral ng Pilipinas (BSP), was preparing new guidelines involving Bitcoin companies in the region. Now the BSP deputy governor, Nestor Espenilla, has published a circular (BSP Circular ???944) that defines the government’s position concerning Bitcoin operations. In the record, the BSP says that it aims to regulate virtual currencies that apply to all payment systems and remittance platforms. Essentially, it applies to any operation that may have »material impact on anti-money laundering (AML) and combating the financing of terrorism (CFT), consumer protection and financial stability, » explains the BSP.

The central bank will begin implementing the rules and regulations which govern operations of digital currency exchanges in two weeks and bitcoin casino binary options. The BSP circular notes that the guidelines are not endorsements of bitcoin and other digital currenciesfree no deposit bonus bitcoin casino bitcoin live casino no deposit bonus The Bank does recognize that virtual currency solutions have potential. The deputy governor’s circular states:

Bangko Sentral recognizes that Virtual Currency (VC) systems have the potential to revolutionize delivery of financial services, particularly for payments and remittance, in view of their capacity to provide faster and more economical transfer of funds, both domestic and global, and may further encourage financial inclusion.

Bitcoin Remittance Expert Weighs In

Bitcoin remittance specialist Luis Buenaventura

Following the BSP circular statement, Bitcoin remittance expert Luis Buenaventura revealed his view of the bank’s policies and definitions. By studying strategies and startups in the space like Abra and Bitspark, buenaventura has done extensive research on the connection of Bitcoin with global remittances. In his view, the latest guidelines in the Philippines specify all money exchanges to be treated as remittance businesses.

« It certainly appears like the intention is to take care of any business handling Bitcoin as a remittance agent, even if remittances are not the principal purpose of that company, » explains Buenaventura.

The new guidelines don’t offer any concessions for order-book exchanges which have no worldwide footprint, nor do they clarify the situation for sole proprietors buying and selling BTC on Localbitcoins. I’m unsure what sort of impact this will have on the Bitcoin startups operating within our borders, but I expect that it won’t put the brakes.

The Central Bank is Learning About Bitcoin, But Definitions Are Too Broad

The Bitcoin industry within the Philippines will have to wait and see how these policies take effect in the nationOshi best bitcoin casinow Buenaventura says remittance startups and exchanges have made plenty of progress but still have a long way to go. Furthermore, he is encouraged that the BSP spent plenty of time learning about Bitcoin, but the central bank has »vastly overestimated how much of it is actually used for remittances. »

« From one angle, it’s good news that the government is finally recognizing that we exist and acknowledge that our efforts do have a positive social effect on the nation, » Buenaventura adds.

What do you think about the Philippine central bank regulating Bitcoin? Tell us in the comments below!

Pictures via Shutterstock, BSP, Medium, and Pixabay. 

Do you want to discuss bitcoin at a comfortable (and censorship-free) environment? Have a look at the Bitcoin.com Forums — all the big players in Bitcoin have posted there, and we welcome all opinions.

Source: bitcoincasinoreview.info