Daniel Li

Daniel Li

iGaming.org Writer Crypto/Sports
A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.

EXPERTISE

  • Crypto
  • Trading
  • Sports Betting

Daniel's latest articles


Argentina Officially Recognizes Bitcoin in Legal Contracts

Argentina formally recognized Bitcoin and other cryptocurrencies as legitimate forms of cash in legal contracts, which is a noteworthy step that occurred after President Javier Milei was elected Upon making the declaration, Diana Modino, the nation's Minister of Foreign Relations and International Commerce, indicated a favorable change in..
2 years ago

Oklahoma State Senator Proposes Sports Betting Legislation Between Controversy

Senate Bill 1434, which seeks to allow sports betting, was filed by State Senator Casey Murdock in an effort to better align with Governor Kevin Stitt's objective for increasing gambling in Oklahoma A politician who supports tribal exclusivity in gambling, however, is opposing the proposed legislation The measure introduced by Senator Murdock..
2 years ago

Crypto Hedge Fund Founders’ Assets Frozen Between Legal Turmoil

A British Virgin Islands court has placed a freezing order on assets worth around $1 billion that belong to the co-founders of the troubled cryptocurrency hedge fund Three Arrows Capital (3AC) This is a recent event in the cryptocurrency space The court's order places restrictions on the transfer and sale of assets worth up to $114 billion,..
2 years ago

FTX Founder Sam Bankman-Fried Faces Sentencing Uncertainty Amid Potential Second Trial

The likelihood of a second trial might cause the sentence process for FTX founder Sam Bankman-Fried to be delayed by four to six weeks In a letter filed on December 20, Bankman-Fried's attorneys requested more time due to possible bank fraud and conspiracy allegations with the Foreign Corrupt Practices Act Sentencing for Bankman-Fried, who was..
2 years ago

ASA Challenges Betfred Over Age-Appropriate Advertising on Streaming Platform

Concerned about whether a Betfred advertisement that aired in April was suitable and if it was directed at those under the age of 18, the UK's advertising regulator, the Advertising Standards Authority (ASA), has voiced its concerns The advertisement in issue aired during The Roku Channel's PrestonPlayz show The Roku Channel is a well-liked..
2 years ago

Bybit Solidifies Commitment to Security with Expanded Proof-of-Reserves Audit

The well-known cryptocurrency exchange Bybit has taken a daring step to strengthen security and transparency requirements by include a full range of 32 cryptocurrencies in its proof-of-reserves assessment This historic audit seeks to confirm the complete support of client assets, offering a vital degree of assurance at a time when openness is..
2 years ago

SEC Extends Evaluation Period for Ethereum ETFs Until May 2024

The US Securities and Exchange Commission (SEC) has said that it will delay reaching a judgment about exchange-traded funds (ETFs) that use Ethereum The deadline for the regulatory authority to assess applications from asset management companies, such as VanEck, Hashdex, and Ark Invest/21Shares, has been extended to May 2024 Applications to..
2 years ago

Kasikornbank Charts New Territory with Crypto Fundraising Endeavor

The second-biggest bank in Thailand, Kasikornbank Pcl, is strategically navigating the digital world by working to create a strong ecosystem for digital assets A significant move in this direction has been made by the bank's recent acquisition of Satang Corp, a Thai-licensed cryptocurrency exchange, which creates creative new funding options for..
2 years ago

Marathon Digital Boosts Mining Capacity with $178.6 Million Acquisition

A major purchase has been made by Marathon Digital (MARA), a company that is strategically positioning itself in anticipation of the upcoming halving of Bitcoin in April 2024 In order to pay $1786 million for two sites from Generate Capital's subsidiaries, the Bitcoin miner intends to draw on its large cash reserves, which surpass $800..
2 years ago

BetMGM Extends NHL Partnership, Enhancing Fan Engagement

BetMGM, the renowned legal sports betting operator, is set to elevate its presence within the NHL through a multi-year extension of its partnership with the professional hockey league This strategic move aims to make BetMGM a more integral part of the fan experience while bolstering its brand recognition The NHL's vice president of business..
2 years ago

Hashkey Capital’s Singapore Unit Secures CMS License for Fund Management

By receiving a Capital Markets Services (CMS) license from the Monetary Authority of Singapore, Hashkey Capital's Singaporean affiliate has accomplished a noteworthy victory With this licence, Hashkey Capital Singapore is able to offer fund management services domestically and further advance the combination of digital and traditional financial..
2 years ago

Blockstream CEO Adam Back Proposes Innovative Solution for Bitcoin Inscriptions

Adam Back, the CEO of Blockstream and a reputable cryptographer, has acknowledged that inscriptions—directly added media on Bitcoin—are inevitable He emphasized that trying to stop this trend would just make individuals select "worse ways" to achieve the same objective In response, Back unveiled an innovative scheme to permit inscriptions..
2 years ago

Circle Launches EURC Stablecoin on Solana, Expanding Euro Integration

On the Solana blockchain, prominent stablecoin issuer Circle has launched EURC, a digital currency guaranteed by the euro The action is a component of Circle's plan to expand the range of stablecoins it offers on other blockchain ecosystems The completely reserved and euro-backed EURC stablecoin is intended to facilitate on-chain foreign exchange..
2 years ago

Revolut Temporarily Halts Crypto Services in Response to FCA Regulations

According to the most recent rules from the Financial Conduct Authority (FCA), digital bank Revolut has stated that it is temporarily suspending some cryptocurrency services for its business clients in the United Kingdom The suspension, which is a reaction to the FCA's new regulations that were put into force in October, will start on January 3,..
2 years ago

California Tribes Express Concerns Over Sports Betting Initiatives

Recently, the state of California has seen an increase in sports betting efforts that have alarmed federally recognized Indian tribes, as represented by the California Nations Indian Gaming Association (CNIGA) A statement against two sports betting proposals was released by the 52-tribal member CNIGA, which cited possible dangers to tribal..
2 years ago

North Carolina Advances Towards Legal Sports Betting with Stringent Regulations

The North Carolina Lottery Commission has made progress in legalizing sports betting in the state, which is a big step toward establishing the regulatory framework for this industry A complete set of laws controlling important areas, such as responsible gaming, advertising methods, and the application process for potential operators, has received..
2 years ago

Binance Achieves SOC 2 Type II Compliance

The leading supplier of blockchain and cryptocurrency infrastructure, Binance, is pleased to announce the successful completion of its System and Organization Controls (SOC) 2 Type II compliance assessment, marking a significant step towards strengthening security standards within the cryptocurrency sector Third-party assessor A-LIGN's successful..
2 years ago

UK Introduces Digital Securities Sandbox to Foster Innovation

The UK has released laws that, as of January 8, would allow the Bank of England and the Financial Conduct Authority (FCA) to oversee a digital securities sandbox (DSS) This is a significant step Through this endeavor, distributed ledger technology (DLT) and tokenized securities will be investigated in a controlled testing environment The DSS..
2 years ago

FTX Estate Outlines Strategy for Bankruptcy Resolution

An escape plan from bankruptcy is sought by the FTX crypto empire, which was once headed by Sam Bankman-Fried, according to a recent petition with the Delaware court The exchange's collapse in November 2022, which was brought on by information regarding the unstable financial situation of its trading unit Alameda, dealt a serious shock to the..
2 years ago

UN Conference Highlights Illegal Betting as Top Culprit in Sports Corruption

The key conclusions of the 2021 Global Report on Corruption in Sport were reflected in recent discussions at the global anti-corruption conference hosted by the UN Office on Drugs and Crime (UNODC) in Atlanta The UNODC analysis exposed the growing threat of illicit betting, which is fueling professional sports' enormous financial currents due to..
2 years ago