Peter Siu

Peter Siu

iGaming.org Editor/Team Leader
Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.

EXPERTISE

  • Crypto
  • Poker
  • iGaming
  • Casino

Peter's latest articles

Companies’ Balance Sheets Set for a Crypto Makeover with FASB’s Update

The Financial Accounting Standards Board (FASB) has charted a new direction for companies holding cryptocurrencies By 2025, organizations will record their crypto at its fair market value on their balance sheets, replacing the older, potentially disadvantageous practices and introducing more dynamic results Operating as the chief authority on..
3 years ago

Ripple Challenges SEC’s Grounds for Appeal

Ripple recently pushed back against the US Securities and Exchange Commission's (SEC) attempts to appeal a judge's ruling from July According to the crypto company, the SEC hasn't provided adequate reasoning to involve an appeals court in the ongoing lawsuit In an earlier ruling, Judge Analisa Torres of the Southern District of New York decided..
3 years ago

Robinhood Regains Stock from FTX Founders for $605.7M

Robinhood, the well-known trading platform, has entered into an agreement to repurchase its stock worth $6057 million This stock was previously in the hands of Sam Bankman-Fried, the founder of FTX, a crypto exchange that went bankrupt Earlier in the year, the US government took control of 55 million HOOD shares These shares were linked to Sam..
3 years ago

Elon Musk’s X Bags Rhode Island License, Eyes Broader Financial Play

Rhode Island regulators have approved a currency transmitter license for Elon Musk's X, formerly known as Twitter This authorization enables companies to facilitate financial transactions on behalf of their users, encompassing both traditional and digital currencies Consequently, X can now manage, transfer, and swap digital assets Official..
3 years ago

Grayscale’s ETF Bid Gets a Second Chance After Court’s Mandate

Grayscale Investments could see a revival of its proposal to transform the Grayscale Bitcoin Trust into an exchange-traded fund (ETF) This comes after a federal court mandated the US Securities and Exchange Commission (SEC) to revisit its initial decision of declining Grayscale's request Such a reconsideration might pave the way for the debut..
3 years ago

Thailand’s New Prime Minister Might Boost the Crypto Domain

Srettha Thavisin, previously associated with a company that invested in crypto firm XSpring Capital, has won a significant political role Thailand's government has voted Srettha Thavisin, from the Pheu Thai Party, into the role of Prime Minister This election might mark a shift in the nation's stance on cryptocurrency Thavisin, with a landslide..
3 years ago

Gemini Fights Back Against SEC Lawsuit, Rejects Unregistered Securities Claims

Cryptocurrency exchange Gemini is calling on a federal judge to dismiss a lawsuit filed against it by the Securities and Exchange Commission (SEC) in January The exchange's lawyers argue that the SEC's case against the company, accusing it of selling unregistered securities, is unconvincing The SEC's lawsuit alleges that both Gemini and crypto..
3 years ago

Dubai Courts Web3 and AI Companies with Subsidized Licenses

Dubai is taking steps to safeguard its position as a global technology hub by offering incentives for Web3 and artificial intelligence (AI) companies The Dubai International Financial Centre (DIFC) is offering subsidized licenses to companies in these sectors looking to establish a presence in the country The DIFC will cover 90% of the license..
3 years ago

SpaceX Drops Bitcoin Holdings, Crypto Markets Go Down Along

SpaceX, the space exploration company led by Elon Musk, has sold its entire bitcoin holdings, which were valued at around $373 million This move comes during a period of weakness in the cryptocurrency market, and its timing has prompted speculation among industry insiders and observers After news broke of SpaceX's sell-off, major..
3 years ago

Singapore’s Monetary Authority Sets Stablecoin Rules

Singapore's Monetary Authority (MAS) has introduced an updated set of guidelines to enhance the stability and trustworthiness of single-currency stablecoins (SCS) This move caters to stablecoins not issued by banks and tied to the value of currencies like the Singapore dollar, euro, British pound, and the US dollar, provided their circulation..
3 years ago

Netflix Trials Game Streaming for Canadian and UK Users

Netflix has initiated a game streaming trial, allowing users to play video games straight from their platform without the necessity for bulky downloads or high-end devices Currently, this streaming feature is available to a select group of users in Canada and the UK Users can access these games on particular TV models, Windows PCs, macOS, and..
3 years ago

Bitcoin Mining: A Boost for Renewable Energy?

Bitcoin's energy use has been a hot topic, thanks to the energy-sapping proof-of-work (PoW) mechanism However, a fresh perspective from Ibañez and Freier suggests that Bitcoin might be a boon for renewable energy Their research hints that Bitcoin's hunger for cost-effective energy could make renewable sources like solar and wind more appealing to..
3 years ago

Coinbase Expands North: Now Serving Canadian Crypto Enthusiasts

Coinbase has stamped its presence in Canada Having launched on August 14, Canadians can now access and enjoy Coinbase's array of services The expansion doesn't just stop at granting access; it comes with a significant feature In a strategic move, Coinbase has partnered with Peoples Trust Company to incorporate Interac e-Transfers Thanks to this..
3 years ago

Javier Milei Secures 30.5% Vote, Argentinians Rally Behind Bitcoin Proponent

During Sunday's primary presidential election in Argentina, libertarian candidate Javier Milei has come up at the forefront Milei, a staunch critic of the central bank and a supporter of Bitcoin, has garnered a significant share of the votes As of Sunday, with around 90 percent of the votes tallied, Milei secured 305 percent, catching many..
3 years ago

Stark Weighs in on Bitcoin ETFs and Hester Peirce’s Potential SEC Leadership

John Reed Stark, once the head of the Office of Internet Enforcement at the US Securities and Exchange Commission (SEC), recently expressed his views regarding the future of Bitcoin spot ETFs Sharing his insights on X, the platform previously known as Twitter, Stark referenced a letter that the SEC received from Better Markets The..
3 years ago

Senator Cynthia Lummis Backs Coinbase in Legal Tussle with SEC

Coinbase has received backing from Wyoming Senator Cynthia Lummis in its ongoing legal battle with the US Securities and Exchange Commission (SEC) Lummis, a Republican, demonstrated her continued support for the crypto sector by submitting an amicus brief in Coinbase's favor The SEC's contention revolves around Coinbase allegedly functioning as..
3 years ago

Post Malone Joins Rogan in a Clear “No Fucking Way” to CBDCs

Central bank digital currencies (CBDCs) are catching the attention of many in the US, including high-profile figures like Joe Rogan and Post Malone In episode 2018 of the "Joe Rogan Experience" podcast, which regularly attracts over 11 million listeners, the two voiced their skepticism about the idea of a US digital dollar Rogan bluntly stated,..
3 years ago

Visa to Trial Credit Card Payments for Ethereum Transaction Fees

Transaction fees on the Ethereum blockchain can be daunting for many, a viewpoint shared by credit-card giant Visa Announcing its latest innovation in a recent blog post, Visa shared the completion of trials for a novel approach, letting users settle Ethereum's "gas fees" using traditional currency via their credit cards In recent times,..
3 years ago

Bitcoin Mining Council Reveals Sustainability Progress in H1 2023 Report

The Bitcoin Mining Council (BMC) recently shared the results of its survey for the first half of 2023 This survey delved into topics such as power usage, the progress in technology, and the extent to which renewable energy sources are being used in the industry Since its establishment in the first quarter of 2022, the BMC's member hash rate has..
3 years ago

Tether and Bitfinex Breathe Easy as Class Action Lawsuit Gets Dismissed

New York-based US District Court Judge Laura Taylor Swain granted a victory to cryptocurrency firms Tether and Bitfinex on Friday by dismissing a high-stakes class action lawsuit against them The lawsuit, lacking evidence of damages or plausible claims of injury, couldn't prove a decreased value of Tether's USDT stablecoin Crypto Companies..
3 years ago
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