Cryptocurrency's use in gambling continues to expand globally, but multiple countries, including Singapore, have been pushing back against its use in casinos over fraud risks.
Ahead of the presidential elections and aided by new technologies, political betting is at an all-time high. However, due to regulatory concerns, the market, which some argue produces very relevant information for the public, has struggled to establish itself.
Cryptocurrency's use in gambling continues to expand globally, but multiple countries, including Singapore, have been pushing back against its use in casinos over fraud risks.
Ahead of the presidential elections and aided by new technologies, political betting is at an all-time high. However, due to regulatory concerns, the market, which some argue produces very relevant information for the public, has struggled to establish itself.
It's inevitable that the unfolding legal saga with Pavel Durov will have severe ramifications on Telegram's future plans, which until recently included a rumored IPO in the U.S and ambitions to become a "super-app" like WeChat in China.
The prediction market giant racked up record trading volumes in August, and is now on Bloomberg Terminal. But can it survive once the election betting frenzy is over?
