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


Iconic Business Figure Charlie Munger of Berkshire Hathaway Passes Away at 99

The famous billionaire vice chairman of Berkshire Hathaway, Charlie Munger, is mourned by the business community for his passing at the age of 99 Since joining Berkshire in 1959, Munger's impact has been tremendous, playing a major role in the company's transformation into a $784 billion worldwide conglomerate As vice chairman of Berkshire,..
2 years ago

Jack Dorsey Champions OCEAN’s Mission to Transform Bitcoin Mining

The driving force behind Bitcoin decentralization efforts, OCEAN, has made history by successfully securing startup money to advance its mission The financing ushers in a new phase of Bitcoin mining with the goal of redefining mining pools' function in the context of a genuinely decentralized currency Mummolin co-founder and Bitcoin Core..
2 years ago

Ohio Senator’s Proposes Tax Cut Proposal for Sports Betting Success

Legislation to reduce the state tax burden on sports betting businesses was recently proposed by Miamisburg Republican State Senator Niraj Antani, who hopes to become a member of Congress, in a calculated attempt to revitalize Ohio's sports betting market Ohio's sports betting program began operations on January 1st of this year, with an..
2 years ago

eToro and M2 Gain Regulatory Nod for Crypto Services in UAE

The Abu Dhabi Global Market (ADGM), the UAE's international financial hub, has approved eToro and M2, two investing platforms This is a big move for the country's cryptocurrency environment The clearance was granted by the ADGM Financial Services Regulatory Authority eToro Secures Financial Services Permission A Financial Services Permission..
2 years ago

Nine Blocks Capital Management Secures Cryptocurrency Hedge Fund License in Dubai

The first-ever license for a cryptocurrency hedge fund was given to Nine Blocks Capital Management by Dubai's Virtual Assets Regulatory Authority (VARA), marking a significant milestone for the company The hedge fund is putting itself in the middle of the growing cryptocurrency business sector that has made Dubai home by announcing the move of its..
2 years ago

Magic Eden Innovates with Upcoming Crypto Wallet for Seamless NFT Management

With its upcoming browser extension for a crypto wallet, Magic Eden, a major player in the NFT marketplace, is poised to completely transform the cryptocurrency scene According to a statement made by CEO and co-founder Jack Lu, the action is a calculated step in the direction of giving consumers a more seamless and intuitive experience in the..
2 years ago

ESPN BET Breaks Download Records in Online Betting

ESPN BET, the newest contender in the online sports betting arena, has been shattering download records since its launch However, there's more to these figures than meets the eye This surge in downloads is partially influenced by PENN Entertainment Inc's strategic move Since ESPN BET's launch on November 14 in 17 states, it has seen over 12..
2 years ago

Circle and SBI Holdings Partner to Promote USDC in Japan

Circle, the entity behind the popular USD Coin (USDC), has recently joined forces with SBI Holdings, a major Tokyo-based financial firm, to enhance the presence of USDC and Web3 services in Japan This collaboration was formalized through a memorandum of understanding (MOU) signed on November 27, marking a strategic move to introduce USDC to the..
2 years ago

Regulatory Challenges Lead to Zipmex Suspending Trade in Thailand

Thai cryptocurrency exchange, Zipmex, has recently halted its trading operations in Thailand This action, effective from November 25, aligns with the Securities and Exchange Commission (SEC) of Thailand's regulations Customers can still withdraw funds through the website and mobile app until January 31, 2024 The suspension stems from various..
2 years ago

EBA Seeks Stronger Crypto Regulations in New Proposal

On November 24, the European Banking Authority (EBA) released a consultation paper, addressing the need for more robust Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) standards in the crypto industry This EU agency, responsible for harmonizing banking regulations across the EU, has identified gaps in the current regulatory..
2 years ago

Indiana Lawmakers Shut Down Gaming Bills Between Corruption Fallout

In the 2024 legislative session, Senate President Pro Tem Rodric Bray and House Speaker Todd Huston disclosed that Indiana lawmakers have opted not to propose any new gaming legislation This decision follows the guilty plea to federal corruption allegations made by former state representative Sean Eberhart A payment from Spectacle Gaming was..
2 years ago

Play’n GO Launches Dutch Flip to Wider Dutch Market

Play'n GO, the dominant player in the Swedish gaming industry, has taken a big step forward by bringing the well-liked game Dutch Flip to the wider Netherlands market Twelve months after the game's first release as a single-operator exclusive, the decision to make it more widely available follows the game's incredible success Dutch Culture Takes..
2 years ago

DOJ Seizes $9 Million Tether in Alleged “Pig Butchering” Crypto Scams

The US Department of Justice (DOJ) has confiscated roughly $9 million in tether (USDT) in a major raid that has exposed a network of cryptocurrency fraud purportedly connected to "pig butchering" schemes Through a sophisticated network of bitcoin addresses, the Justice Department said that its agents and analysts, under the direction of the US..
2 years ago

Pro Sports Teams Lead Charge for Legalized Sports Betting in Missouri

In a pivotal move towards bringing legal sports betting to Missouri, Secretary of State Jay Ashcroft has given the green light to the final ballot language for a campaign spearheaded by professional sports teams This promising development propels the initiative, led by a coalition including the St Louis Cardinals, St Louis Blues, and St Louis City..
2 years ago

Unprecedented $3.1 Million Bitcoin Transaction Fee Sets Historic Record

In a stunning turn of events, transaction fees for a Bitcoin (BTC) transfer on Thursday totaled an astounding $31 million, setting a record for the 14-year-old cryptocurrency The block was mined by the Bitcoin miner Antpool, which benefited from both the usual 625 BTC reward and the astounding 852163 BTC in fees for processing all of the block's..
2 years ago

South Korea to Test CBDC with 100,000 Participants in 2024

The Bank of Korea (BOK), the central bank of South Korea, has revealed its innovative proposal to include 100,000 Korean nationals in a test program for its digital currency (CBDC) This action, which is scheduled to start in the fourth quarter of 2024, is intended to evaluate how effectively and practically the digital money may be distributed and..
2 years ago

Brazil Takes a Leap Towards Regulating Online Betting and Casinos

On November 22, the Committee on Economic Affairs (CAE) of the Brazilian Senate approved a measure that sought to regulate and tax the country's rapidly growing online sports betting and casino sector This was a significant development The ratified measure lays out the legal parameters for gaming establishments and suggests a 12% tax on..
2 years ago

US Appeals Court Denies Sam Bankman-Fried’s Release Appeal Amid Legal Battles

Sam Bankman-Fried's application for parole was denied by the US Court of Appeals for the Second Circuit recently, which is a significant move in his ongoing legal processes Court’s Firm Stand The court's ruling, which was communicated by Clerk of Court Catherine O'Hagan Wolfe's letter on November 21, highlights the judiciary's stance regarding..
2 years ago

SEC Levels New Charges Against Kraken, Senator Cynthia Lummis Calls for Regulatory Clarity

The well-known San Francisco-based bitcoin exchange Kraken is the target of increased legal action by the US Securities and Exchange Commission (SEC) Kraken has been accused by the SEC of running its cryptocurrency trading platform in the capacities of a clearing agency, broker, dealer, and unregistered securities exchange According to the..
2 years ago

SEC Commissioner Signals Support for Bitcoin ETF in Recent Interview

Hester Peirce, a commissioner of the US Securities and Exchange Commission (SEC), expressed a favorable preference for licensing a spot Bitcoin exchange-traded fund (ETF) in a recent interview with Bloomberg Peirce reiterated a position she has held for a number of years, emphasizing that the SEC lacks a compelling reason to obstruct the..
2 years ago