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Russia to formulate new legislation on cryptocurrencies

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Russia-new-legislation-on-cryptocurrencies Russia to formulate new legislation on cryptocurrenciesReading Time: 1 minute

 

The Russian Parliament Duma is likely to consider a new legislation on cryptocurrency in the coming winter. Anatoly Aksakov, the State Duma Committee head on the Financial Market, said that the parliament will consider a new regulatory bill to monitor the cryptocurrency circulation in the market space in January or February

He said: “The long-awaited law on digital financial assets is in the GPU for approval … It is in conjunction with two others: the law on the regulation of investment platforms or crowdfunding and changes to the Civil Code. We agreed that the law on digital financial assets should be adopted along with these two legislative acts … Judging by the information that I have, this is January-February. Most likely, February, of course. Consideration of all three bills should pass,” he stated.

Earlier last year, the lower chamber adopted the first reading of digital assets bill, which was introduced by the Federation Council members with Aksakov as the head and the deputies of State Duma. However, his statement suggested that this time in February the law would be framed in such a way that it administers crypto activities in the insurance and banking sectors.

 “The next law from digital is a bill regulating the activities of electronic platforms, in use, the marketplace. I submitted this bill to the State Duma for consideration at the end of December. We have a plan to adopt this law by February 15 in order to launch a pilot project about 20 credit institutions and the Moscow Stock Exchange are preparing, “he said.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Russia to formulate new legislation on cryptocurrencies

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling Operators Gets Opportunity to Register Online Casinos in Belarus

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8-13 Gambling Operators Gets Opportunity to Register Online Casinos in BelarusReading Time: 1 minute

 

Belarus has given permission to gambling operators for legally registering an online casino, if appropriate license has been obtained. Legislation currently does not prohibit Belarusians from online gambling on overseas websites. Belarusians also have access to newsletters and information about online casinos.

According to Marina Nevinkaya, the head of gambling department at Belarus’ Ministry of Taxes and Duties, when the transition period ends, restrictions will appear in this field.

“Publishing gambling content aimed at promotion and organising unlicensed online gaming will be illegal beginning with 1 April 2021. Two years after the entry into force of the basic provisions of the decree number 305, access to the websites containing such information, will be limited,” the representative of the Ministry said.

The gambling market of Belarus remains stable. According to the recent data, 106 companies hold gambling business, 94 license holders actually operate. There are 391 gambling establishments in Belarus, including 27 casinos, 176 gaming machine halls and 188 betting offices.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Gambling Operators Gets Opportunity to Register Online Casinos in Belarus

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IAG Joins with Alphaslot for FTAF in G2E Asia 2019

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7-13 IAG Joins with Alphaslot for FTAF in G2E Asia 2019Reading Time: 1 minute

 

Inside Asian Gaming, Asia’s leading gaming industry media brand, has announced its involvement in the Financial Technology Asia Forum at G2E Asia 2019, in partnership with forum curator Alphaslot.

The Financial Technology Asia Forum will bring together international industry leaders to share their insights on the challenges and opportunities for FinTech in the gaming entertainment industry. The forum will also examine blockchain technology from the casino operator and supplier’s perspective, including academic implementation, potential use case studies and implications for responsible gaming.

The morning session will be chaired by IAG CEO Andrew W Scott, and the afternoon session will be chaired by VP of International Business for iClick Interactive Asia Kelly Leung.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: IAG Joins with Alphaslot for FTAF in G2E Asia 2019

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Sportradar And SportsGrid Announce Exclusive Partnership To Launch The First Free, 24-hour Sports Betting Network

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sportradar-sportsgrid Sportradar And SportsGrid Announce Exclusive Partnership To Launch The First Free, 24-hour Sports Betting NetworkReading Time: 2 minutes

 

Sportradar, the global leader in analyzing and leveraging the power of sports data, and SportsGrid, the leader in original programming for both daily fantasy and sports betting, today announced an exclusive partnership to launch the first free, 24-hour network dedicated to the sports betting audience. The partnership marries Sportradar’s ad tech, OTT technology and data with SportsGrid’s engaging original programming providing fans with accurate coverage and analysis of stats and odds across professional sports.

“Sportradar is always looking to enhance the fan experience through the use of data and technology,” said Jason Sukhraj, SVP US Advertising and OTT, Sportradar. “Collaborating with the SportsGrid executive team provides us with the platform to mesh our core competencies around betting with their programming talent and address the increasing demand for information and content geared around sports gaming  ”

The partnership incorporates Sportradar’s release of ad:s, a service that provides bookmakers with a host of marketing solutions aimed at eliminating waste and streamlining their marketing spend. This new offering will allow bookmakers and brands looking to reach the betting community, a native opportunity to do so through sponsorship of programming as well as targeted ad spends across video & audio inventory.

SportsGrid President Louis M. Maione stated, “The integration of Sportradar data and technology into our content is game changing for our free twenty-four hour audio and video gambling network. This partnership showcases our combined vision of delivering the true convergence of content, data, and gaming to the millions of sports fans craving this informative and entertaining programming. Joining forces with Sportradar instantly affords SportsGrid with the ability to provide unquestionable best of breed sports wagering programming. Additionally, Sportradar’s delivery of a robust video solution ensures our content is placed where fans want to consume it, stamping our foothold as a market leader in the space.”

 

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Sportradar And SportsGrid Announce Exclusive Partnership To Launch The First Free, 24-hour Sports Betting Network

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