|
Title: 2013-06-09 Bitcoin Ideal for Asian Online Gambling Operators Post by: austins on June 10, 2013, 05:37:38 AM http://www.online-casinos.com/news/news0912175.asp
Bitcoin has been talked about a lot lately as it has found its way into everyday financial transactions. The latest news about the virtual currency besides the government of the USA shuttering the possibility that Bitcoin would allow for online gambling in the country is the fact that Bitcoin has taken root in China of all places. Bitcoin has been touted as an ideal method for Asian-facing online gambling operators to get around China’s prohibition on moving money on and off online sites. That being said there are some sceptical individuals who claim the virtual currency would not be able to handle the large volume of transactions needed to supply the junket operators in Macau. |