Money 2.0 Stuff: Maybe Augur can be a thing now

Quick Take

  • Online sports betting banned
  • BIS writes a decent paper
  • Davos attendees prefer blockchain to Bitcoin

Online Sports Betting Banned

The US has finally made all forms of online gambling that involve interstate transactions fully illegal, in accordance with the Wire Act of 1961. Specifically, the ruling specifies:

The ruling will not affect online gambling in which the wagers are placed from within a state’s borders, however this suggests casinos will have to have both a physical presence and a secure system in place to ensure that no bets originate from outside of the state.