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According to a recent report from iGamingBusiness. “This latest partnership with one of the world’s leading operators enables us to build upon our rapid growth this year.However, the APT was reportedly soon advised by Macau’s Gaming Inspection and Coordination Bureau quoting earlier guidelines issued by the Monetary Authority of Macau that crypto-currencies were ‘neither a legal tender nor a financial instrument subject to supervision’....
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“I can confirm that the APT Macau Championships 2018 will not be associated with crypto-currencies in any way and I apologize for any confusion in the market. It had purportedly hoped to use this relationship in order to offer players the ability to win seats into its land-based competitions via online tournaments utilizing the site’s proprietary CHP crypto-currency.According to a recent report from iGamingBusiness....
The Asian Poker Tour (APT) has reportedly declared that its upcoming APT Macau Championships 2018 will abide by local laws and have no use, association or involvement with crypto-currencies. It had purportedly hoped to use this relationship in order to offer players the ability to win seats into its land-based competitions via online tournaments utilizing the site’s proprietary CHP crypto-currency.However, the APT was reportedly soon advised by Macau’s Gaming Inspection and Coordination Bureau quoting earlier guidelines issued by the Monetary Authority of Macau that crypto-currencies were ‘neither a legal tender nor a financial instrument subject to supervision’....
