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

German Officials Want Closer Look at Gold in New York

Germany holds over $109 billion worth of gold at the Federal Reserve Bank of New York Now, some German voices are questioning whether that gold should stay overseas With rising global tensions and economic uncertainty, a growing number of officials are pushing for either regular physical inspections or bringing the gold back home Michael Jäger..
1 year ago

Kentucky Sports Betting Slows Down 19.2%in February

Kentucky’s legal online sportsbooks experienced a slowdown in February, with total wagers falling to $2189 million, a 192% drop from January’s $2709 million Revenue also dipped, going from $322 million to $288 million—a 105% decline Retail sportsbooks followed a similar trend Wagers dropped from $61 million to $57 million, while revenue..
1 year ago

Kalshi Says It Answers Only to the CFTC and Won’t Back Down

Kalshi is standing firm in its legal battle against five US states over its sports-outcome markets, insisting it only answers to the Commodity Futures Trading Commission (CFTC) The company, which runs federally regulated prediction markets in all 50 states, has no plans to back down unless directed by the CFTC itself Founder Tarek Mansour..
1 year ago

Senate Committee Advances Paul Atkins SEC Chair Nomination

Paul Atkins is one step closer to becoming the next chair of the US Securities and Exchange Commission On Thursday, the Senate Banking Committee advanced his nomination with a narrow 13-11 vote All Democrats voted against him, according to a report from Reuters Atkins, previously an SEC commissioner, is known for supporting deregulation and has..
1 year ago

Kalshi Ordered to Halt Sports Wagering in Illinois

Kalshi is now under review by the Illinois Gaming Board (IGB), which is looking into whether the company has been running unlicensed sports betting According to the IGB, Kalshi may have violated the Illinois Sports Wagering Act by taking bets on sports without proper authorization The board has instructed Kalshi to stop all such activity at..
1 year ago

Virginia Sports Betting Revenue Reaches Over 556 Million in February

Sports betting in Virginia continues to bring in strong numbers, according to the latest report from the Virginia Lottery From February 1 to February 28, 2025, total gross revenue from sports gaming reached $5568 million That’s a 22% increase compared to February last year Most of the betting activity came from mobile platforms Fourteen..
1 year ago

Mississippi’s Online Sports Betting Bill Fails, Sweepstakes Ban Also Stalled

Mississippi's latest push to legalize online sports betting has stalled, taking an effort to ban sweepstakes casinos down with it Lawmakers failed to reach an agreement on Senate Bill 2510 (SB 2510) before the March 31 deadline, marking another setback for online gambling expansion in the state Initially, the Senate passed SB 2510 in February..
1 year ago

Ohio Targets Prediction Markets, Orders Operators to Halt Sports Event Contracts

Following similar actions by Nevada and New Jersey, Ohio has taken action against sites that offer contracts for sporting events Kalshi, Robinhood, and Cryptocom received cease-and-desist letters from the Ohio Casino Control Commission (OCCC) on March 31 directing them to discontinue operations within the state According to the OCCC, these..
1 year ago

Bybit to Shut Down NFT Marketplace During Strategic Shift

Bybit, a cryptocurrency exchange, declared that it will close its NFT marketplace on April 8 in order to return its attention to its primary trading activities To avoid possible losses, the business is recommending that customers transfer their NFTs to external wallets prior to the deadline This decision comes after one of the biggest..
1 year ago

ESMA Highlights Crypto’s Growing Influence on Financial Markets

The European Securities and Markets Authority (ESMA) recently released a report that highlights the ways in which cryptocurrency assets are changing the global financial markets Regulators emphasize the necessity of laws to preserve market stability and their growing ties to traditional finance ESMA specifically notes current trends, stating,..
1 year ago

Binance and Kraken Delist USDT Spot Trading Pairs in EEA to Comply with MiCA

In order to adhere to the Markets in Crypto-Assets Regulation (MiCA), Binance has eliminated spot trading pairs containing Tether's USDt in the European Economic Area (EEA) This action is a component of a larger endeavor to comply with regulatory standards prior to the deadline of March 31, 2025 Cointelegraph claims that in keeping with its..
1 year ago

Nevada’s February Sports Betting Declines Without Super Bowl Impact

February 2024 saw significant drops in sports betting revenue for Nevada, with the absence of the Super Bowl causing a noticeable dip in wagers According to the Nevada Gaming Control Board, the state’s monthly handle totaled $6048 million, a 15% decline from the previous year In 2024, the Super Bowl's presence in Las Vegas led to over $190..
1 year ago

Kalshi to Sue Nevada and New Jersey Over Prediction Market Restrictions

Following actions taken by Nevada and New Jersey to shut down its sports betting markets, prediction market operator Kalshi is getting ready to file a lawsuit against both jurisdictions On Twitter (X), CEO Tarek Mansour made the announcement, highlighting the company's dedication to protecting prediction markets in the United States Although..
1 year ago

CFTC Withdraws Crypto Derivatives Advisory During Market Maturity

The Commodity Futures Trading Commission (CFTC) has made the decision to revoke its earlier recommendation that new virtual asset derivatives undergo thorough inspections With the use of these cryptocurrency-related financial products, investors can make predictions about price changes without actually owning the underlying assets On March 27,..
1 year ago

Circle Teams Up with US Banks for IPO Launch in April

The USDC stablecoin's issuer, Circle, is getting ready for the much-anticipated April initial public offering (IPO) The startup has teamed up with Citi Bank and JPMorgan Chase to help it negotiate its way to the public markets, according to a Fortune story According to the article, which cites anonymous sources, Circle intends to submit IPO..
1 year ago

Bitcoin’s Rise Challenges US Dollar’s Dominance, Says BlackRock CEO

Larry Fink, the CEO of BlackRock, suggests that Bitcoin could challenge the US dollar’s global reserve currency status In his annual letter to investors, Fink highlights the rising national debt and the emergence of digital assets as key factors weakening the dollar’s dominance He states, “The US has benefited from the dollar serving as..
1 year ago

Tether Invests in Latin American Agriculture With $615M Adecoagro Purchase

Tether is making a move into Latin America’s agricultural industry by purchasing a majority stake in Adecoagro The company has agreed to buy up to 51% of Adecoagro in an all-cash transaction valued at $615 million The deal secures control over one of the region’s largest agricultural producers, which delivers more than 28 million tons of goods..
1 year ago

California Bitcoin Rights Bill Could Set New Precedent for Crypto Protections

California lawmakers are taking steps to define cryptocurrency rights with AB-1052, known as the “Bitcoin Rights” bill Assemblymember Juan Carrillo Valencia, chair of the Banking and Finance Committee, introduced the legislation, aiming to protect self-custody rights for digital asset holders The nonprofit Satoshi Action Fund announced the..
1 year ago

Sports Illustrated Partners with Galactic to Launch SI Predict in 2025

Sports Illustrated is making a bold move into the prediction market industry through a collaboration with Galactic Their new platform, SI Predict, is set to debut in the second quarter of 2025 Unlike traditional sportsbooks, SI Predict will allow users to trade on the outcomes of “trends and themes” across various sports The partnership..
1 year ago

Oklahoma Sports Betting Bills Advance Despite Political Challenges

Days after the Senate passed a rival bill, lawmakers in the House moved forward with two more legislation, accelerating Oklahoma's efforts to allow sports betting Notwithstanding these developments, all three proposals still face significant political obstacles, such as the possibility of a veto from Governor Kevin Stitt, who has expressed his..
1 year ago
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