Cryptocurrency
DAOWallet integrates into 1Click Games platform
Partnership sees 1Click Games debut the DAOWallet crypto payments solution
DAOWallet, the B2B cryptocurrency-fiat gateway provider and partner in DAOGroup, has agreed to a full integration with igaming platform 1Click Games.
End-users of the platform will now be able to seamlessly deposit and withdraw cryptocurrencies at 1Click Games’ partner brands without complex exchange requirements, with operators also protected against chargeback fraud.
DAOWallet supports player transactions in Bitcoin (BTC), Ethereum (ETH), a variety of stable coins, as well as DAOGroup’s proprietary token BET. Player deposits can also be made via credit card, giving players full flexibility in their choice of payment, while operators are also supported with a range of fiat currency settlement options.
Secure crypto payments processing, fully protected against chargeback fraud and without any extra charges or complex processes, is key to attracting new casino players who want to take advantage of the benefits cryptocurrency delivers.
This new partnership with 1Click Games will allow its operators to easily support cryptocurrency deposits and withdrawals for their players across all markets and requirements.
Players and operators will both benefit from instant transactions at the best exchange rates, with operators also able to choose from a variety of invoice options and the ability to convert into fiat currency at any time.
DAOWallet will cover all KYC and AML procedures as part of its mandate; and will also allow 1Click Games to track the provenance of all cryptocurrencies coming into its wallet, allowing for casino management to identify incoming VIP players, as well as red flag any potentially problematic historical use of the coins.
Commenting on the integration, DAOGroup’s CCO Glen Bullen, said: “Easy, secure crypto payments are demanded by a vast, unserved audience around the world, and integrations like this, with the innovative 1Click Games, can now give this market access to the best casino experiences around.
“1Click Games share our view that cryptocurrency payments are inevitably entering the mainstream, and we’re very pleased to kick our partnership off and help deliver new revenue streams through this offering of our solution for their players.”
Maxim Terehovich, CEO at 1Click Games, added: “This cooperation with payment solutions provider DAOWallet is very valuable for 1Click Games because we always focus on our clients and operators.
“Market trends research gave us a full insight into the rapid development of the cryptocurrency market and 1Click Games is glad to give our operators the possibility to reach a vast audience of cryptocurrency users who would have previously struggled to find a service in the traditional gaming and betting space.
“We now have a wide range of payment options for our operators and we now feel more flexible to adapt to market tendencies and our client’s needs. This partnership helps us to be more competitive and now we can provide the best experience for those who are interested in Bitcoin casino operation.”
DAOWallet is available immediately to all iGaming operators looking for a payment solution for the growing cryptocurrency market. For more information, visit https://daowallet.com/
Cryptocurrency
Kyrrex to host online panel discussion on MiCA and the future of crypto in Europe
As the European crypto community prepares for the implementation of the MiCA, Kyrrex is organizing an online X panel to discuss the potential impact and future trajectory of the industry under this new regulatory framework.
The panel “Is MiCA that Bad? The Future of Crypto in Europe,” will take place on November 14, 2024, at 12:00 CET on X Spaces.
This event aims to offer an in-depth examination of the challenges and opportunities that MiCA presents, drawing on the expertise of industry leaders and stakeholders.
Key speakers for the discussion include Mike Romanenko and Kevin Plumpton from Kyrrex,
Tomer Warschauer Nuni from Kima Network, Andrea Zapparoli Manzoni from H4ckManac, Thanos Tsavlis from Cyberscope, and Anoop Nannra from Trugard Labs. Their insights will help attendees understand how MiCA may reshape the crypto landscape and what this means for different segments of the market.
“As MiCA ushers in a new regulatory era for the crypto industry, open discussions are crucial for navigating this transition effectively. By bringing together voices from various sectors, we aim to foster a deeper understanding and proactive approach to the opportunities and challenges ahead,” said Mike Romanenko, CVO & co-founder of Kyrrex. “Engaging in conversations like these helps ensure that the community is informed and prepared for the future of crypto in Europe.”
The panel will be structured to encourage interaction and participation, allowing attendees to submit questions and engage in a discussion with the panel. Topics are expected to include compliance, innovation, and strategies for navigating the evolving regulatory environment.
This event offers professionals, enthusiasts, and stakeholders an opportunity to gain a clearer perspective on what lies ahead as MiCA begins to take effect. It will also provide a space for dialogue and knowledge-sharing, fostering a greater understanding of the potential impacts on the crypto sector in Europe.
Panel “Is MiCA that Bad? The Future of Crypto in Europe” details:
- Date: November 14, 2024
- Time: 12:00 CET
- Platform: X Spaces
The post Kyrrex to host online panel discussion on MiCA and the future of crypto in Europe appeared first on European Gaming Industry News.
Cryptocurrency
SCCG Management Announces Sponsorship Partnership with Hoppa! Card
SCCG Management, a leading advisory firm in the global gaming industry, has announced a sponsorship partnership with Hoppa! Card, a pioneer in crypto payments and banking solutions. This collaboration is set to revolutionize the payment landscape for the gambling industry with a strong focus on crypto technology, leveraging SCCG’s extensive ecosystem of over 120+ client partners and its global presence across all major regions.
Through this partnership, SCCG Management will support Hoppa! Card in delivering their innovative crypto payment and banking solutions to a wider audience within the gaming industry. The synergy between SCCG’s expansive network of client partners and Hoppa! Card’s cutting-edge financial technology aims to enhance the efficiency and security of managing complex payment needs in the gambling sector.
Hoppa! Card’s flagship products, including the Exclusive Global Soft KYC High Limit Crypto Offramp VISA Card and the Unique Payment Gateway, are designed to meet the most challenging payment requirements. The VISA Card offers high limits and the highest possible privacy standards with anonymous cards, ensuring global accessibility with both virtual and physical card options. The Payment Gateway provides seamless processing for various crypto and fiat transactions, eliminating chargebacks and non-acceptance of cards, while catering to all gaming licenses and jurisdictions.
Stephen Crystal, Founder and CEO of SCCG Management, said: “Partnering with Hoppa Card allows us to provide our clients, as well as our global network of operators and platform providers, with crypto-focused payment solutions that are crucial in today’s fast-evolving gaming industry. Their innovative products align perfectly with our mission to drive strategic growth and maximize revenue for our partners.”
Igor Lavrih, CEO of Hoppa Card, said: “We are excited to kick off the partnership with SCCG, merging our payments expertise with their deep market insights to explore new opportunities and drive innovation. We look forward to the synergies our partnership with SCCG will bring forward, delivering unique payment solutions in the gaming industry to an array of growing and established businesses.”
Compliance Updates
Payhound Selects Chainalysis’ Crypto Compliance Solution for Regulatory and Operational Safety
Fintech crypto company Payhound has selected Chainalysis, the blockchain data platform, to safeguard operations from exposure to malicious activity and uphold strict compliance standards.
With a strong commitment to combating illicit activities and a regulatory obligation to safeguard its customers, Payhound has chosen Chainalysis as part of its compliance and risk management strategy. This collaboration underscores Payhound’s dedication to maintaining top-tier regulatory compliance and security standards within the industry.
Chainalysis is leading the way in establishing a safe global economy built on blockchains through its blockchain data platform, which assists businesses and governments in making informed decisions and protecting their customers. By implementing Chainalysis solutions, companies gain access to a suite of investigation, compliance and risk management tools.
Michele Santulin, Regional Director Mediterranean Area at Chainalysis, said: “In today’s crypto market, where trust is key to success, companies like Payhound need to take advantage of blockchain’s built-in transparency and use advanced blockchain analysis solutions to maintain strict adherence to regulations, protect their brands, and last but not least, offer reliable services to their customers. We are thrilled to support Payhound in that mission.”
Elton Dimech, Managing Director at Payhound, said: “Chainalysis is an invaluable resource for companies such as Payhound. Their forensic data and analytical approach, allowing for continuous crypto transaction monitoring, has proven indispensable in an effort to adhere to our own AML and Compliance obligations.”
The post Payhound Selects Chainalysis’ Crypto Compliance Solution for Regulatory and Operational Safety appeared first on European Gaming Industry News.
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