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Bitcoin World 2024-09-12 08:30:31

Singapore Bans Cryptocurrency Use in Casinos to Combat Money Laundering

Singapore cryptocurrency casino ban: In a recent legislative move, Singapore’s Parliament has amended the Casino Control Act to ban the use of cryptocurrency in casinos. This significant change, reported by Bitcoinist, is aimed at addressing concerns over money laundering and criminal activity within the gambling sector. The amendments bolster the regulatory authority of the Gambling

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