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

J.T. Foley Takes the Reins at Coalition for Fantasy Sports

The Coalition for Fantasy Sports has appointed JT Foley, a seasoned executive from Las Vegas Sands, as its inaugural executive director This appointment signifies a significant stride for the organization, geared towards the nationwide expansion of the fantasy sports market With 17 years of experience as vice president of government relations..
2 years ago

SEC Chair Criticizes Crypto Exchanges, Highlights Regulatory Gaps

SEC Chair Gary Gensler has voiced concerns over the operations of crypto exchanges, contrasting them sharply with traditional platforms like the New York Stock Exchange (NYSE) In a recent CNBC's Squawk Box interview, Gensler emphasized that crypto exchanges fail to provide the necessary investor disclosures mandated by law Gensler argued that..
2 years ago

VanEck Predicts Ethereum’s Ether to Reach $22,000 by 2030

Global investment firm VanEck has set a new price target for Ethereum's native token, ether (ETH), predicting it will soar to $22,000 by 2030 This forecast represents a substantial increase from its current value of approximately $3,850 In its recent report, VanEck outlines the factors driving this ambitious projection The firm highlights..
2 years ago

Coinbase Introduces Innovative Smart Wallet Platform

The popular US-based cryptocurrency exchange Coinbase has announced the release of a new smart wallet technology, which represents a major improvement over its Coinbase Wallet offering Coinbase explained how the new smart wallets are meant to transform the on-chain experience in a recent blog post Through the removal of network fees and..
2 years ago

XREX Secures $19 Million Investment from Tether to Boost B2B Payments in Emerging Markets

The well-known international cryptocurrency exchange site XREX, founded by Wayne Huang and Winston Hsiao, has raised about $19 million from Tether, the company that created the USDT stablecoin The goal of this large investment is to improve cross-border business-to-business (B2B) payments in emerging areas using stablecoins The Taipei-based..
2 years ago

Argentina Launches Crypto Exchange Registry to Boost Market Integrity

The National Securities Commission (CNV) of Argentina has officially launched its Virtual Asset Service Provider (VASP) registry, with nearly a hundred applications already submitted by individuals and legal entities, according to a government announcement The new VASP registry aims to regulate entities wishing to offer crypto trading services..
2 years ago

FanDuel Nearing Branding Deal with Diamond Sports Group

As to a recent report from Bloomberg, FanDuel, a prominent sports betting provider, is close to finalizing a significant branding agreement with Diamond Sports Group Under the upcoming arrangement, Diamond Sports Group—which now owns eighteen regional pay-TV networks—may soon witness the supremacy of FanDuel's branding Insiders familiar..
2 years ago

Mizuhara Pleads Guilty in High-Stakes Gambling Case

In a dramatic courtroom scenario, Mizuhara admitted to Judge John A Holcomb that she had access to Victim A's accounts while working for him, all while wearing a black suit without a tie I was deeply in debt from gambling Sending funds to the illegitimate bookmaker from Victim A's account was the only method of payment I could come up with Due..
2 years ago

FTX Settles $24 Billion IRS Tax Claim with $885 Million Payment

By paying $885 million, FTX has reached a substantial settlement with the Internal Revenue Service (IRS) on a $24 billion tax claim During FTX's continuing bankruptcy procedures, this deal came to light The intention to pay $200 million in priority claims to the IRS was disclosed by FTX in a recent file with the Bankruptcy Court for the..
2 years ago

Crypto.com Nears Licensing Approval in Hong Kong with 10 Other Exchanges

Almost a dozen cryptocurrency exchanges are about to get their trading licenses approved by Hong Kong's Securities and Futures Commission (SFC) Eleven applications, including Hong Kong-based Bullish and Singapore-based Cryptocom, were listed on the SFC's website as "deemed to be licensed" as of June 1st, Bloomberg claims Hong Kong unveiled a..
2 years ago

Carl Icahn’s Strategic Move Boosts Caesars Entertainment Stocks

Bloomberg News revealed the news on Friday: Carl Icahn has acquired a sizeable stake in Caesars Entertainment Caesars' stock skyrocketed following this statement, proving the effectiveness of the infamous "Icahn Lift" Retail investors frequently match Icahn's large investments in a stock, which raises the price of the stock Existing..
2 years ago

Bitpanda and Deutsche Bank Forge Stronger Banking Solutions Partnership

In a significant development, Bitpanda, a prominent crypto exchange, has announced an expansion of its collaboration with Deutsche Bank, Germany's largest financial institution This strategic partnership aims to enhance banking solutions for users in Germany, facilitating seamless incoming and outgoing transactions Bitpanda's partnership with..
2 years ago

MLB Investigates Five Players for Betting Violations

Major League Baseball (MLB) has indicated that it is looking into five players' suspected violations of its gambling rules, according to a recent Wall Street Journal report The court case against Ippei Mizuhara for stealing money from MLB player Shohei Ohtani to pay off debts related to gambling and the lifelong ban from basketball for Jontay..
2 years ago

Colorado Sports Betting Numbers for April Surged

The most recent sports betting data for April has been made public by the Colorado Division of Gaming, which is a division of the Colorado Department of Revenue (CDOR) Colorado has had more than $500 million in sports wagering transactions for eight straight months The state continued this trend in April, when its total handling topped $509..
2 years ago

Monochrome Asset Management Launches Australia’s First Direct Bitcoin ETF

Monochrome Asset Management, based in Australia, is set to launch the country's first direct Bitcoin exchange-traded fund (ETF), named Monochrome Bitcoin ETF (IBTC), on the Cboe Australia exchange The ETF begins trading on Tuesday, marking a significant milestone in Australia's financial landscape Before IBTC, Australian investors had limited..
2 years ago

Trust Wallet and Mercuryo Partner to Streamline Crypto-to-Fiat Conversion

Trust Wallet, a leading self-custody provider, and payments infrastructure firm Mercuryo have joined forces to make it easier for users to convert their cryptocurrencies into fiat money, a process known as "off-ramping" This partnership addresses a crucial need in the crypto ecosystem: the ability to seamlessly turn digital assets into real-world..
2 years ago

Tether Co-Founder Brock Pierce Predicts China’s Crypto Embrace

Brock Pierce, co-founder of Tether (USDT), the world's leading stablecoin by market cap, believes China will eventually welcome crypto assets Despite China’s past bans on all crypto-related commercial activities, Pierce sees a future where digital assets gain recognition "Is China going to open up [to cryptocurrencies] I’d say it’s..
2 years ago

OKX Expands into the Netherlands with New Crypto Exchange and Web3 Wallet

OKX, a leading global cryptocurrency exchange, has officially launched its services in the Netherlands, introducing a local trading platform and a Web3 wallet to Dutch customers after introducing the same last year in Brazil On June 3, OKX announced the launch of its centralized crypto exchange (CEX) and the OKX Wallet in the Netherlands The..
2 years ago

Pritzker Challenges FanDuel, DraftKings, Higher Taxes Won’t Drive Them Out of Illinois

Illinois lawmakers are refusing to back down in response to threats from online sports betting businesses to slash operations over a new graduated tax scheme included in Governor JB Pritzker's most recent budget The newly approved budget imposes a progressive tax rate, with a 40% maximum, on FanDuel's and DraftKings' net revenue The former flat..
2 years ago

Sergey Nazarov Predicts 2024 as the Year Crypto Integrates with Global Finance

Chainlink (LINK) co-creator Sergey Nazarov has made a compelling forecast about the future of blockchain Speaking at the Consensus 2024 conference, Nazarov predicted a significant convergence between blockchain technology and the traditional financial system this year Nazarov highlighted the immense potential for on-chain assets, noting the..
2 years ago
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