Cryptocurrency trailblazer, BitLine, and regulatory technology leader, FinClusive, are teaming up to reshape digital asset management within the casino industry.
This collaboration aims to streamline and expedite the use of cryptocurrency at casinos, enhancing the player experience. BitLine’s existing technology enables patrons to exchange crypto for chips at brick-and-mortar casinos. Now, by integrating FinClusive’s expertise, they will ensure full regulatory compliance. This allows players to enjoy the advantages of digital currency, such as swift transactions and heightened privacy, without encountering obstacles.
BitLine’s founder, Richard Jones, expressed enthusiasm for making cryptocurrency a viable payment method in casinos, stating that this alliance will “revolutionize casino transactions.” FinClusive’s proficiency in “Compliance as a Service” will be instrumental in navigating the intricate landscape of digital asset regulations, guaranteeing a secure and protected gaming environment for all.
FinClusive’s Chief Executive Officer, Amit Sharma, stressed the significance of this collaboration. He stated that FinClusive equips companies with the resources necessary to maintain regulatory compliance in the current landscape. Sharma expressed his enthusiasm for the partnership with BitLine, highlighting their ability to assist in delivering cutting-edge gaming offerings while adhering to the most stringent anti-money laundering protocols.