Visa and Mastercard were named in a recent Investigate Europe probe into unlicensed gambling websites operating across the UK. Reported by The Guardian, the investigation found that some of these platforms offered services to European users, particularly in the UK, without proper licensing. Visa was listed as a payment option on two such websites, while … Read more
The popular money-transfer service Cash App is now under investigation after two whistleblowers allege that it performed inadequate due diligence on users. The claim states that the platform potentially allows money laundering, terrorism financing, and other illegal activities. The whistleblowers claim that Cash App “had no effective procedure to establish the identity of its customers.” … Read more
Choosing the best prepaid banking options for online casinos and sportsbooks can be challenging, but new data shows that Bitcoin is the top choice for many Americans who gamble online. As the most widely accepted and valuable cryptocurrency today, Bitcoin has proved its lasting power as an asset to many digital currency connoisseurs. Today, more … Read more
With its fast processing and secure transactions, cryptocurrency has become one of the safest prepaid gambling methods. Despite its market value fluctuations, the safety and security it offers in online gambling are unparalleled, providing players with a sense of security. While no one can predict the future value of popular digital assets, prepaid online gambling … Read more
PokerStars recently announced hosting a Women’s Winter Festival to encourage women to participate in live poker events. The Winter Festival has another new addition: a women ‘s-only high roller tournament. The four-day event will be held in London at the Hippodrome Casino. PokerStars offers a $130k guarantee to the main event and three starting flight … Read more
The Associated Press* reports that various cryptocurrency scams led to $5.6 billion in losses for Americans in 2023, according to the Federal Bureau of Investigation (FBI). The losses incurred showed a 45% jump from the previous year. The FBI stated that the most prominent scheme often involved investment opportunities with Bitcoin and Ethereum and received … Read more
The popular peer-to-peer money app Cash App is currently under a federal probe due to growing concerns about digital money laundering and terrorism. This probe could have significant implications for the app’s users and the broader financial technology industry. Federal financial regulators are currently exploring two allegations brought forth by whistleblowers. The complaint states that … Read more
When it comes to prepaid casino gambling, the funding options are not only plentiful but also incredibly convenient. Some banking methods rise above the rest with little to no fees, faster processing, and a level of comfort that other methods may not provide. In , there are more banking options than ever, giving you a … Read more
The campaign trail for the 2024 Presidential election is well underway, and the issue of cryptocurrency has recently taken center stage. In a recent Truth Social post, Republican nominee and former President Donald Trump said that crypto players should “Vote for Trump” because he will stand up to President Biden’s hatred for Bitcoin. Over the … Read more
In today’s rapidly evolving digital world, prepaid gambling sites have become a cornerstone of the online community. With the rise of Bitcoin and other notable altcoins, the landscape of online transactions within the gambling world has seen significant improvements. As such, understanding and maximizing banking options for prepaid gambling sites has become essential for operators and users. … Read more