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Via a Tuesday press release, the Curacao-licensed crypto-currency platform stated that it raised approximately million courtesy of a four-month token sale while its new back-end system is being supplied by Jersey-headquartered online instant-win and lottery games innovator Twelve40.The broadcaster reported that the fresh regulations are set to include an outright ban on the phrase ‘bet now’ while also instituting stricter restrictions on the advertising of special offers for all United Kingdom-licensed online casinos and sportsbetting sites during live events such as football matches.William Trentini, Chief Executive officer for Wild Crypto, described the new platform as ‘the first major blockchain gaming product to launch’ before declaring that the innovation ‘marks the beginning of a significant shift in our sector’....

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The Committees of Advertising Practice purportedly explained that it moreover intends to limit adverts that promote repetitive play or recklessly suggest ‘risk-free’ deposits.The BBC reported that the updated rules are to be utilized by the Advertising Standards Authority when considering complaints or levying fines and will additionally place further restrictions on adverts that prey on players’ self-esteem or financial concerns.”...

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