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UK Crypto Vision
The UK government’s vision to become a global hub for cryptocurrency and fintech innovation is more than a mere aspiration. It’s a strategic move that aims to position the UK at the forefront of the rapidly evolving digital economy. A recently published report titled “Realising Government’s Vision for the UK to Become a Global Hub […]
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SolutionsHub Prepares for iGaming NEXT
Known for its expert licensing, compliance and maintenance services for egaming businesses, SolutionsHub announces its participation in the much-awaited iGaming NEXT Valletta 2023. The event, unfolding on 21st and 22nd June, will be hosted in the picturesque city of Valletta, Malta. With keen anticipation, SolutionsHub is all set to reconnect with Malta, its existing clientele, […]
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Regulatory Update Webinar
In our ongoing commitment to keep you informed about the latest regulatory updates, SolutionsHub is pleased to announce an upcoming webinar. This event is hosted by the Isle of Man Financial Services Authority. The webinar is part of the Authority’s continuous efforts to engage with and support designated businesses. It provides them with necessary tools […]
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Crypto Travel Rule – Are you ready?
The world of cryptocurrencies is evolving rapidly, and with it, the regulatory landscape. One of the most significant regulatory developments in recent years is the introduction of the Crypto Travel Rule. This rule, issued by the Financial Action Task Force (FATF), has far-reaching implications for everyone involved in the crypto space, from exchanges to everyday […]
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IOSCO Crypto-Asset Recommendations
The International Organization of Securities Commissions (IOSCO) published a consultation report that provides recommendations for the regulation of crypto-asset markets. IOSCO and Its Role in Financial Markets The IOSCO is a leading international policy forum for securities regulators. Its primary role is to promote high standards of regulation in order to maintain fair, efficient, and […]
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Blockchain Gambling Licensing Process: Advice from the Pioneers
Blockchain technology is revolutionising various industries, and the gambling sector is no exception. As a leading authority in licensing and regulation, SolutionsHub has been at the forefront of this transformation, guiding numerous businesses through the intricate process of acquiring a blockchain gambling license. Based in Douglas, Isle of Man, our team has successfully navigated the […]
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Bitcoin Pizza Day: A Slice of Cryptocurrency History
Bitcoin Pizza Day, celebrated every year on May 22nd, is a remarkable event in the cryptocurrency world. It marks the first real-world transaction using Bitcoin, where a programmer named Laszlo Hanyecz paid 10,000 Bitcoins for two pizzas. Today, those Bitcoins would be worth hundreds of millions of dollars, making it the most expensive pizza ever […]
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Online Gambling Trends 2023
The online gambling industry is a dynamic and rapidly evolving sector. As we move through 2023, several key online gambling trends are dominating the landscape, driven by advancements in technology, changes in regulation, and shifts in player preferences. Mobile Casino Games Revolution The proliferation of smartphones and advancements in mobile technology have significantly influenced the […]
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CBDC: Ripple Unveils Platform for Central Banks
Ripple has announced the launch of a central bank digital currency (CBDC) platform. This innovative solution empowers central banks, governments, and financial institutions to issue their own digital currencies, revolutionising the financial landscape. Empowering Central Banks with Customisable CBDC Life Cycle Ripple’s CBDC platform provides central banks and governments with comprehensive tools to manage their […]
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Crypto Trading: UK Suggests Gambling Regulation
In a House of Commons Treasury Committee report titled “Regulating Crypto”, the UK Treasury Committee has provided analysis of the crypto landscape, acknowledging both the potential benefits and risks of cryptoassets. However, the contents may concern many in both the crypto and gambling industries, particularly regarding crypto trading. Promise of Cryptoassets The report highlights the […]
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China to Train 500k Blockchain Professionals
China has launched a national blockchain research centre in Beijing, with an ambitious goal to train 500,000 industry professionals. The facility, authorised by the Ministry of Science and Technology, intends to collaborate with educational institutions, research institutes, and businesses to cultivate talent and bolster China’s digital economy, as reported by Xinhua. The China Blockchain Research […]
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Introduction to Indirect Banking in the Crypto Industry
Esteban Gamboa, Senior Compliance Officer for SolutionsHub, discusses the role, benefits, and challenges of banking intermediaries for the crypto sector. The sector has encountered substantial obstacles in accessing conventional banking services. Regulators warnings and failures have made many banks hesitant to collaborate with cryptocurrency clients. However, some intermediaries have emerged to assist, enabling banking services […]
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