Newsazenplay.comNoah and Bitget Wallet launched virtual dollar accounts that allow users to receive US dollars and euros through bank rails. The funds can then be held as stablecoins within the wallet application.
Covered by Cashback and payouts on AzenPlay.
Read the full story at the original publisher below.
ZEN.COM said its Pay by Bank service, supported by Mastercard Open Finance, is available across nine European countries. The service supports merchant payments and wallet top-ups through one integration, excluding the UK.
A report examined how crypto-enabled gambling businesses use wallets, on-ramps, payment processors and exchanges to handle deposits and withdrawals. It said operators and suppliers must document wallet screening, transaction monitoring and the movement of funds between bank and blockchain rails.
The UK Gambling Commission analysed anonymised open-banking transactions to examine how consumers in Great Britain interact with unlicensed operators. The study found that illegal gambling activity frequently coexisted with use of licensed gambling services.