Monthly Archives: November 2020

Poker network now gives ‘95% of payouts’ in Bitcoin — around $160M monthly

“We are constantly having to go out and buy Bitcoin,” the Winning Poker Network reports. Winning Poker Network, an online network that supports numerous online poker websites across the world, has reported a surge in demand for Bitcoin payouts.  In an Nov. 19 report from Bloomberg, the CEO behind Winning Poker Network, or WPN, said that up to 95% of poker players are currently requesting to be paid in Bitcoin (BTC). Though the poker network has supported several cryptocurrencies since 2014, WPN CEO Phil Nagy stated that […]

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Thailand’s New Rules Help Securities Companies Launch Crypto Exchanges

Thailand has reportedly revised its net capital rules which help securities firms launch cryptocurrency exchanges. The country now has 15 licensed crypto service providers. New Thai Rules and Crypto Exchanges The Thai Securities and Exchange Commission (SEC) has revised its net capital (NC) rules which help securities companies provide crypto services, the Bangkok Post reported Wednesday. “The revised NC rules are expected to help free up liquidity for securities firms that plan to enter new business such as open digital or cryptocurrency exchanges,” the publication conveyed, adding […]

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