Month: August 2019

FinCEN

US Financial Watchdog Sets Sight on Sports Betting & Crypto

Donnie KendrickLeave a Comment on US Financial Watchdog Sets Sight on Sports Betting & Crypto

On August 12, the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN), the country’s main financial watchdog, held its 12th Annual Las Vegas Anti-money Laundering Conference. The theme of this year’s conference was “cooperation in an environment which is rapidly advancing on many technological fronts”. This year, Kenneth Blanco, the Director of FinCEN, focused on […]

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in-game-purchases

UK Regulator Says Loot Boxes Do Not Constitute Gambling

Donnie KendrickLeave a Comment on UK Regulator Says Loot Boxes Do Not Constitute Gambling

Debates pertaining to the controversial issue of loot boxes continue to rage on but it may seem like the legislative standpoints on the matter are beginning to become much clearer in certain jurisdictions. The United Kingdom is one of the places where the lines have been drawn with regards to whether or not loot boxes […]

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