18 Jun '13, 8pm

Newsbite: Bitcoin Big Issue in Amsterdam Conference

A hot topic at last week’s iGaming Super Show 2013 in Amsterdam was the online currency Bitcoin. Viktor Bogdanov reported that attendees of the conference emphasized the advatages of the virtual currency to online gaming including “low transaction costs” and “faster access to new markets” Operator concerns about Bitcoin prevented greater enthusiasm. Two of the most complex problems the volatile currency faces are difficulty complying with anti-money laundering regulations , especially with regard to anonymity, and the problem of maintaining matching cash liabilities —required by many regulators. WinPoker, a skin on the iPoker network, is the most recent room to begin processing Bitcoin transactions, joining smaller sites such as SealswithClubs who have built a track record using the new currency.

Full article: http://pokerfuse.com/news/industry/bitcoin-big-issue-in-a...

Tweets

How does Bitcoin threaten the global status quo? Learn more at the Bitcoin London conference July 2nd: cc @btclondon

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