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

ECB Faces Challenges in Implementing Offline Digital Euro Payments

Making offline payments a reality for the digital euro is a major challenge for the European Central Bank (ECB) The future of the functionality is at risk due to the failure to reach agreements with smartphone makers about safe chip integration The ECB stressed the need of secure hardware chips for offline digital euro payments and fast-paced..
1 year ago

Zimbabwe Introduces 10% Withholding Tax on Sports Betting Winnings

The Zimbabwean government imposed a 10% withholding tax on all gross sports betting gains as part of its 2025 national budget This tax policy was disclosed by Finance Minister Professor Mthuli Ncube during his budget address at the Mount Hampden parliament building The goal of this action is to increase government revenue while formalizing the..
1 year ago

Michael Saylor Advocates Bitcoin Adoption as MicroStrategy Invests $1.5B in 15.4K BTC

An important participant in the cryptocurrency market is MicroStrategy (MSTR), a well-known Bitcoin development company The company's most recent acquisition has given it about 2% of all Bitcoin that will ever be in circulation In the week that ended on December 1, MicroStrategy made another buy of 15,400 Bitcoin At a mean price of $95,976 per..
1 year ago

DMM Bitcoin to Cease Operations, Transfers Assets to SBI VC Trade by March

Plans have been published by the Japanese cryptocurrency exchange DMM Bitcoin to close and move its assets and accounts to SBI VC Trade After major setbacks earlier this year, the exchange announced the closure in a statement on December 2 The decision was made in response to the terrible hack that DMM Bitcoin had in May, which resulted in the..
1 year ago

South Korea Delays Crypto Gains Tax to 2027 During Political Shifts

The Democratic Party (KDP) of South Korea has consented to postpone the country's cryptocurrency capital gains tax until 2027 Compared to their former determination on implementing the tax by 2025, this represents a substantial policy shift At a press conference on December 1, KDP floor leader Park Chan-dae declared the party's acceptance of a..
1 year ago

Taiwan Accelerates Anti-Money Laundering Regulations for Crypto Industry

Taiwan has fast-tracked its new Anti-Money Laundering (AML) regulations for cryptocurrency businesses, following recent penalties imposed on two crypto exchanges for non-compliance This move underscores the country's commitment to strengthening its financial regulations as part of the broader effort to curb money laundering within the crypto..
1 year ago

Virginia Sports Betting Surges in October with $696M Handle

Virginia’s sports betting market continued to grow in October 2024, with operators recording $696 million in total wagers This marks a 218% increase compared to the $571 million handle from October 2023 The Virginia Lottery's latest report highlights the dominance of online betting and a decline in revenue hold compared to last year Mobile..
1 year ago

Kentucky Sports Betting Faces Revenue Decline in October

October saw a significant drop in Kentucky's sports betting market as compared to the same month the previous year The Kentucky Horse Racing Commission reports that gross income for the state was $188 million, a notable 613% decrease from October 2023 At $2749 million, the total handling represented a 45% decrease from the previous..
1 year ago

Charles Hoskinson Predicts Bitcoin DeFi Will Dominate Crypto Industry

Charles Hoskinson, the founder of Cardano, has predicted a revolution in decentralized finance (DeFi) In the next two to three years, he thinks the DeFi ecosystem for Bitcoin will surpass that of all other cryptocurrency platforms He discussed Bitcoin's potential, price forecasts, and a novel method of integrating BTC into DeFi without depending..
1 year ago

OKX Launches in Belgium, Offering Fee-Free Euro Deposits

The massive cryptocurrency exchange OKX has formally joined the Belgian market and is offering a variety of services catered to the local market Belgian users can now trade, convert, and study more than 200 cryptocurrencies, including more than 60 crypto-euro trading pairings, thanks to the extension In a news statement on November 28, OKX..
1 year ago

Tether Shuts Down EURT Stablecoin in Response to MiCA Requirements

Tether, the leading issuer of stablecoins, has announced the discontinuation of its euro-pegged stablecoin, EURT The decision, revealed in a press release on Wednesday, states that the company will stop supporting EURT but will allow users to redeem their tokens until November 27, 2025 The move comes ahead of the European Union's new regulatory..
1 year ago

Morgan Stanley Survey Highlights Growing Diversity in Sports Betting Participation

According to Morgan Stanley's third biannual sports betting survey, participation is rising across states and demographics, highlighting changing market patterns The results indicate that even in established markets, there is a rise in betting frequency and knowledge across the country Broader Demographics Drive Market Growth Although young men..
1 year ago

Analysts Forecast Record $4.5 Billion Thanksgiving Sports Wagering Handle

According to a research by Lucky Peak, sports betting during Thanksgiving week is predicted to break all prior records in the US According to analysts, bets between November 25 and December 1 would equal an astounding $45 billion, an 11% rise over the same time last year Legal Expansion Fuels Growth The surge in sports betting activity is..
1 year ago

Remixpoint Expands Crypto Portfolio with $3.2M Bitcoin Purchase

Remixpoint, a Japanese energy and automotive company, has added $32 million worth of Bitcoin to its cryptocurrency holdings This calculated action shows Remixpoint's continuous efforts to diversify its assets and is consistent with the recent spike in the price of Bitcoin The purchase of 500 million yen ($32 million) worth of Bitcoin was..
1 year ago

Bitcoin Could Reach $740,000, Says Pantera CEO, Citing Untapped Blockchain Potential

According to Dan Morehead, CEO of Pantera Capital, the value of Bitcoin might soar to $740,000 per coin in the upcoming years He points to the financial industry's growing use of blockchain technology as the reason for this possible increase and emphasizes the enormous unrealized potential in the field Untapped Wealth and a Transformational..
1 year ago

CMA Orders Spreadex to Divest Sporting Index to Preserve Competition

The UK's Competition and Markets Authority (CMA) has stepped in to halt the merger between Spreadex and Sporting Index, ordering Spreadex to sell Sporting Index The regulator's decision stems from concerns that the merger would create a monopoly in the online sports spread-betting market, significantly reducing competition Merger Creates Market..
1 year ago

Kraken Shuts Down NFT Marketplace to Focus on New Ventures

In order to free up resources for other initiatives, Kraken has announced plans to shut down its NFT marketplace The platform will go into withdrawal-only mode on November 27, 2024, and full operations will end on February 27, 2025 This choice represents a major strategic shift for the business, as reported by cryptonews and distributed to users..
1 year ago

Tipstrr Acquires Pyckio and Pursues New Growth Opportunities

Sports betting platform Tipstrr has taken a significant step by acquiring Pyckio, a key competitor in the industry Founder Damien Fearn confirmed the acquisition and shared that Tipstrr has also regained full ownership, marking a pivotal moment for the company Strategic Growth with Pyckio Integration Fearn announced the acquisition on LinkedIn,..
1 year ago

ZA Bank Introduces Bitcoin Trading to Retail Clients in Asia

Hong Kong’s ZA Bank has become Asia’s first digital bank to offer retail customers bitcoin trading services This groundbreaking move caters to the increasing demand for secure and direct digital asset transactions, positioning ZA Bank at the forefront of innovation Seamless Crypto Integration The newly launched app allows users to trade..
1 year ago

NFT Trends Indicate Continued Popularity Across Blockchains

Despite a minor drop in weekly sales, the NFT market is still lively According to the most recent data from CryptoSlam, NFT sales for the week ending November 24 totaled $158 million, a 127% decrease from the $181 million sales the week before Nonetheless, this amount represents a significant improvement over the $93 million in early November,..
1 year ago
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