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The practices of online gambling firms continue to come under scrutiny, with the Competition and Markets Authority (CMA) launching enforcement action against a number of online gambling firms in respect of practices that may place unfair obstacles in the way of people withdrawing their money (whether as part of a promotion or not).
Parliament’s Treasury Committee has launched a new inquiry into digital currencies and distributed ledger technology.
The European Commission recently held a roundtable discussion on cryptocurrencies, which was attended by representatives of the European Central Bank, the Financial Stability Board and various industry groups, reports the Guardian.
The Gambling Commission has warned online gambling businesses to take immediate steps to comply with consumer protection law or face enforcement action.
Operators of society lotteries should be aware of new regulatory requirements to be introduced by the Gambling Commission shortly in relation to the provision of information on where money raised from society lottery ticket sales goes.