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

CSMAS Opens Discussion on College Athletics and Sports Betting

Recently, in Indianapolis, the Committee on Competitive Safeguards and Medical Aspects of Sports (CSMAS) met to discuss the potential effects of sports betting on collegiate athletics The three NCAA divisions are currently debating whether to modify the current betting regulations, which is why this meeting is taking place During the..
2 years ago

Brazil’s Ministry of Finance Lists Approved Betting Platforms for Players

Regarding internet betting, the Ministry of Finance in Brazil has made a big regulation shift Only licensed bookmakers are allowed to offer services in the nation as of October 1 The goal of this choice is to provide a safer atmosphere for both players and respectable companies In reaction to an inflow of unlicensed operators who have supplied..
2 years ago

Court Ruling Greenlights Kalshi’s Election Betting Market Relaunch

After a protracted legal battle with the Commodity Futures Trading Commission (CFTC), Kalshi, a regulated US prediction market, has received permission to trade contracts on political outcomes On October 2, the United States Court of Appeals for the District of Columbia Circuit made a decision allowing Kalshi to once again market prediction..
2 years ago

Bank Pekao Embraces Blockchain to Safeguard Polish Art and Culture

The second-biggest bank in Poland, Bank Pekao, is utilizing blockchain technology to safeguard the cultural legacy of the country The bank has started an ambitious project called Archiv3, which aims to tokenize famous Polish artworks and guarantee their preservation for future generations, in collaboration with Aleph Zero Tokenizing Artworks for..
2 years ago

Kraken Ends XMR Trading and Deposits for European Customers

Kraken, a US-based cryptocurrency exchange, has announced plans to delist Monero (XMR) for clients in the European Economic Area (EEA) due to recent regulatory changes Starting October 31, all Monero trading and deposits for users in this region will end In its blog post, Kraken specified that trading for XMR markets like XMR/USD and XMR/EUR..
2 years ago

Denver Becomes bet365’s New U.S. Headquarters

Global sports betting company bet365 has officially chosen Denver for its US headquarters, creating nearly 1,000 jobs This decision was announced by the Colorado Office of Economic Development and Governor Jared Polis, marking a big step for the British-based company in expanding its US presence bet365's new office is located at One Platte on..
2 years ago

Crypto Market Drops 4% Amid Israel-Iran Conflict

On October 1, the crypto market took a hit, dropping over 4% amid escalating conflict between Israel and Iran Bitcoin and other top cryptocurrencies faced losses as the tension heightened market concerns Bitcoin lost 39%, falling below $61,200 This drop comes after Bitcoin briefly hit $65,000 last week Other major cryptocurrencies were also..
2 years ago

Brazil’s Social Development Ministry Moves to Restrict Online Gambling Payments

Brazil's Social Development Ministry is set to introduce a proposal next week aimed at restricting the use of social benefits for online gambling payments This initiative, reported by Reuters, arises amid rising concerns about financial management among low-income households benefiting from programs like Bolsa Família Bolsa Família, which has..
2 years ago

Sporttrade Launches Sports Betting App in Arizona with Quechan Tribe Partnership

Sporttrade, a sports betting company with its headquarters in Philadelphia, has officially released its app in Arizona, its fourth state in the union This launch comes after a strategic alliance with the Quechan Tribe of the Arizona and California-based Fort Yuma Indian Reservation Sporttrade wants to differentiate itself in the competitive..
2 years ago

Gemini to Close All Canadian Accounts by End of 2024

By the end of 2024, Gemini, the cryptocurrency exchange that the Winklevoss twins created, plans to terminate all customer accounts in Canada The exchange recommended users in Canada to take their money out of their accounts within ninety-nine days in a message they delivered on September 30, 2024 The email sent by Gemini explained the..
2 years ago

Crypto Scam App Evades Google Play Detection, Stealing Thousands from Users

According to cybersecurity company Check Point Research, a fraudulent software on the Google Play Store has resulted in the theft of over $70,000 from gullible cryptocurrency users Under the pretext of WalletConnect, a reliable solution for connecting digital wallets to DeFi apps, the fraudulent program employed cunning strategies to stay hidden..
2 years ago

Ute Mountain Ute Tribe Files Lawsuit to Challenge Colorado Sports Betting Regulations

In Colorado, sports betting has become a significant part of the entertainment landscape since its launch in 2020 Currently, the state hosts a variety of retail and mobile betting options, catering to millions of users However, not all potential operators have been able to participate Two Tribal operators are facing hurdles in launching their..
2 years ago

China’s Former Finance Chief Labels Crypto Vital to Digital Growth

The former finance minister of China, Zhu Guangyao, recently underlined how the Chinese government should reevaluate its position on cryptocurrencies in light of global trends Speaking at a Tsinghua University-hosted seminar, Zhu emphasized the possible risks associated with cryptocurrency as well as its worldwide relevance Zhu added, "Crypto..
2 years ago

Cryptocurrency Adoption Slowly Rises in Russia

A recent survey reveals that nearly 20% of Russians have interacted with cryptocurrency, signaling a growing interest in digital assets Despite this, the majority still lack in-depth knowledge about how cryptocurrencies work The survey, conducted by a local financial marketplace and reported by TASS on September 30, 2024, sheds light on Russia’s..
2 years ago

U.S. Tax Foundation Study Highlights State Tax Differences in Sports Betting

An in-depth examination of the tax policies governing sports betting in each state is provided by a recent study by the US Tax Foundation The study notes that there are notable regional differences in the tax rates across the nation, with the Northeastern states in particular typically having much higher tax rates than the Northwest, West, and..
2 years ago

FBI Cracks Down on Southeast Asian Crypto Scams Targeting U.S. Citizens

Millions of dollars' worth of cryptocurrencies were recently taken from Southeast Asian con artists preying on American citizens by the Federal Bureau of Investigation (FBI) Because of these fraudulent schemes' false cryptocurrency investment offers, victims have lost a substantial amount of money The FBI said on social media site X that it has..
2 years ago

U.S. Spot Bitcoin ETF Market Sees New Growth With Options Trading

With the introduction of new choices for spot ETFs, the exchange-traded fund (ETF) market for Bitcoin in the United States is changing This could entice liquidity and long-term investors to the Bitcoin ecosystem Unintended effects could also result from it, such as an increase in the "paper supply" of Bitcoin, which gives investors exposure to the..
2 years ago

DraftKings agrees to $200K penalty after CEO’s social media misstep

DraftKings faces a $200,000 fine from the Securities and Exchange Commission (SEC) following a social media post by its CEO Jason Robins, DraftKings' CEO, shared business information on his personal X (formerly Twitter) and LinkedIn accounts, which triggered the penalty The SEC stated that the company violated its guidelines on fair disclosure of..
2 years ago

BNY Mellon Expands Crypto Custody for ETP Clients

BNY Mellon, one of the largest custodian banks globally, is preparing to provide custody services for bitcoin and ether to clients holding exchange-traded products (ETPs) The bank sees this as a step toward expanding its presence in the cryptocurrency market To support this, BNY Mellon plans to seek further regulatory approvals, positioning itself..
2 years ago

Altcoins May Thrive as Fed Lowers Interest Rates, Says Analyst

A well-known crypto analyst believes the digital asset market will continue to do well, even as the Federal Reserve cuts interest rates Guy Turner, the host of Coin Bureau, shared his thoughts in a recent video with his 252 million YouTube subscribers According to him, both small-cap stocks and crypto assets, especially altcoins, will likely see..
2 years ago
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