MGA’s Odhran Griffin talks Malta’s blockchain regulation in the gambling space
Gambling involves regulating payments and several technologies, including blockchain, but the Malta Gaming Authority has managed to strike the right balance.
Gambling involves regulating payments and several technologies, including blockchain, but the Malta Gaming Authority has managed to strike the right balance.
Odhran Griffin, Systems Auditor at Malta Gaming Authority, explains how they are regulating the use of distributed ledger technology and how licensed operators have implemented the technology in innovative ways.
With regulators taking an increasingly tight line on compliance, gambling operators are now expected to run KYC and AML checks as standard on every player, among their many legal obligations.
According to those in the know, blockchain’s best bet for adoption by casino and iGaming operators is by improving responsible gambling protections and enhancing regulatory compliance.
The Malta Gaming Authority is looking for a “dynamic, passionate and highly influential strategic thinker” to lead its regulatory efforts.
The CoinGeek Live panel looks at how iGaming can benefit from blockchain now and in the future, and how it can leverage the efficiencies afforded by Bitcoin SV.
Live from studios in both New York and London experts from the iGaming industry gather to talk about the way forward for the casinos across the world. The conference will, naturally, be virtual but it is far more than just ‘Zoom-heads’ on a black background.