Odaily Planet Daily News: The Singapore Parliament passed an amendment to the Casino Management Act, aiming to further enhance the effectiveness of the country's casino regulatory system and its protection of vulnerable groups. The amendment has made some major changes to Singapore's casino regulatory framework. The government will give the Casino Regulatory Authority (GRA) more powers to regulate more forms of gambling activities within casinos, including betting and lotteries. This will prevent the regulatory system from becoming outdated due to new products that may be launched by casino operators. In addition, the amendment covers digital currencies. First of all, cryptocurrencies will not be licensed by the GRA for use as casino chips. The main reason for this ban is the risk of money laundering. (Bitcoinist)