Hold on to your crypto hats, folks, because this party is about to get regulated! Spinning wheels and lucky sevens, anonymous transactions basically, all that has gone into making the crypto casino industry a booming one. It now draws regulators’ attention worldwide. Though many of you may view this as a killjoy, it’s centrally relevant to understand the potential impact and why this is happening in the first place.
Imagine this: you are on a hot streak at your favorite crypto roulette table, one lucky spin after another. Suddenly, a message appears: “Error: Transactions exceeding X amount require KYC verification.” Talk about a mood killer! Before you hurry to buy a pack of tinfoil hats, let’s look into the reasons behind this potential regulatory crackdown.
 
The Dark Side of the Crypto Coin
It’s a Catch-22 situation: while anonymity gives room for discreet transactions, it is also an expressway to all sorts of wrongdoing. This poses a great concern for regulators seeking to keep the online gambling space clean.
Now, across the Atlantic, France’s gambling watchdog raised red flags against two rather popular crypto casino platforms in 2021: cbet.gg and stake.com. What was their crime? Allowing transactions with those oh-so-convenient crypto coins. The French authorities said it runs against AML (anti-money laundering) regulations. Similarly, while Spain fails to regulate means of gambling payments as such, it has precisely forbidden crypto as a valid means.
 
The Great Crypto Gambling License Fiasco
You might be wondering at this point, “But wait, they have licenses!” And that is where it gets thick. Many crypto casinos proudly display their licenses, but then a closer look at things reveals a spidery web of regulatory loopholes.
Curaçao—fast, cheap, and hence a go-to choice for most crypto gambling sites. Sounds good? Not quite. Critics argue this license is essentially a “participation trophy.”  The Curaçao regulatory body doesn’t exactly hold licensees by the hand. They rarely conduct audits or enforce regulations, leaving operators to pretty much do their own thing.
Malta used to be the star child of crypto gambling licenses, boasting appealing tax breaks and access to European markets. However, recent scandals have Malta somewhat tarnished. Allegations of lax AML procedures and possible ties to organized crime cast a dark shadow over what once was the prestigious Maltese license.
Then there is the case of Costa Rica. And wait, there is no gambling license here! Many times, what is shown is a glorified registration of the company, costing around $10,000. This means that they have an “office” in the country, but there is no regulatory body that will hold them accountable. It’s a casino operator’s dream, or nightmare (depending on how one views it).
 
The Four Horsemen of Crypto-powered Shenanigans
Now, how exactly are cryptocurrencies being used for nefarious activity in online gambling? The grim report from the Asian Racing Federation (ARF) has outlined four key areas about it:

Goodbye Fiat: Cryptocurrencies are making for an alternative to traditional means and methods of payments; in effect, this makes it difficult for authorities to track transactions and identify suspicious activity.
Blockchain Bonanza: Some gambling apps are based on blockchain technology, thereby further obscuring the transactions and creating a whole new layer of complexity for regulators.
Agent Provocateur: Crypto facilitates the transfer of funds to betting agents outside the regulator’s framework. This allows them to bypass AML and consumer protection measures.
Wash, Rinse, Repeat: It’s no wonder that anonymity in cryptocurrency makes it tailor-made for laundering profits from illegal gambling operations. Money can be rushed around quickly and is anonymous, making it next to impossible for any authority to track money flows.

 
The Potential Impact of Increased Regulatory Scrutiny
What does this regulatory crackdown mean for the future of crypto casinos? Well, let’s break it down.
The Good, the Bad, and the Ugly
On one hand, increased regulation might boost player trust and confidence. Knowing that your darling crypto casino runs within a tight framework of laws and regulations tends to build trust. This gives the players a feeling of security and fairness and will, therefore, help attract more players into the fold. Further, it will weed out rogue operators who are more interested in lining their pockets than in providing a safe environment to play in.
The road to regulation, however, remains bumpy. Tighter regulations augment the cost of compliance for operators. With their price hikes, this can be transferred to players in higher fees, or worse, some casinos may opt to fold up and leave the market altogether.
Furthermore, by their very nature, cryptocurrencies are anonymous. If regulations require casinos to obtain more personal identifying information from their players, some players might be turned off by that loss of privacy. This can direct players to unregulated platforms where risks are higher.
The Future is a Gamble
At one end is the future of crypto casinos, while at another corner are innovative operators battling it out with watchful regulators in a game of cat and mouse. As the industry matures, we could witness the wedding of benefits accruable from blockchain technology with those safeguards ushered in by traditional regulation in a hybrid model.
For players, doing your homework is critical. Look for a casino that has won some reputable licenses and has a reputation for fair play. Remember not to take any risk, however irresistible, on an unregulated platform. At the end of the day, it’s not worth the risk. There are enough good crypto casinos to choose from.
 
Conclusion
The key to survival lies in adaptation, and the industry itself will survive if crypto casinos can effectively navigate a regulatory turf while maintaining their innovative edge. It’s high time the industry rolled up its sleeves to show it can be responsible and trustworthy in the global gaming market.
Although it is a gamble, careful planning, and responsible practices might just be what crypto casinos need to make it big in the future.
 
The post Regulatory Roulette: The Looming Threat to Crypto Casinos appeared first on HIPTHER Alerts.

 
The 2024 International Low-altitude Economy Product Release and Investment Conference was successfully held in Chengdu, a city with passion, where attracted the global attention of low-altitude economic industry once again from September 19 to 20, 2024. The conference aims to build a platform for exchange and cooperation by gathering high-quality resources of the international low-altitude economy industry chain, displaying the latest achievements in the field of low-altitude economy, and promote solid cooperation between upstream and downstream enterprises in the industrial chain, so as to inject strong impetus into the building and introduction of the whole industrial chain of low-altitude economy industry in Chengdu.
The 2024 International Low-altitude Economy Product Release and Investment Conference focuses on the pool of high-quality resources of the whole industrial chain including low-altitude manufacturing, low-altitude flight, low-altitude support and comprehensive services in low-altitude economy, involving a range of high-tech fields, including IT, UAV research and development and design, green low-carbon tech, new energy development and other frontier science and technology fields. A number of guests and experts from low-altitude economy enterprises, scientific research institutions and investment institutions around the world were invited to attend the conference. Guests had an in-depth exchange and discussion on the latest research and development achievements, market trends, investment strategies and policy environment of low-altitude equipment through multiple channels such as exhibition, industrial matchmaking, project roadshow, market inspection and other forms.
Low-altitude equipment enterprises with a global reach from Germany, Poland, Switzerland, Hungary, Italy, France, Kazakhstan, Brazil, Serbia, Canada and other countries demonstrated their latest products and technologies at the conference, covering a range of fields such as electric vertical take-off and landing aircraft (eVTOL), drones, and low-altitude traffic control systems, and drew a blueprint in a concerted way for the development of low-altitude economy. Meanwhile, the conference has set up a special investment matchmaking area for effective capital and projects cooperation, providing one-stop services for entrepreneurs, investors and government agencies in the field of low-altitude economy, so as to accelerate the cooperation of high-quality projects. A number of high-quality projects in the low-altitude economic field have successfully witnessed progress in cooperation with domestic and foreign capital by targeted and cost-efficient matchmaking, injecting new vitality into Chengdu’s low-altitude economy industry and promoting the coordinated development of upstream and downstream enterprises in the industrial chain.
With the robust development of the global low-altitude economy industry, Chengdu responded to the national development strategy at the time of opportunities in the field. Chengdu recorded “low-altitude economy” into the government work report for the first time in 2024, highlighting it as the key direction of future industrial development. Chengdu is accelerating the layout of low-altitude economy frontier industries such as eVTOL and is committed to building a comprehensive and intelligent future transportation system with its strengths in respect of geographical location, industrial foundation, human resources, abundant application scenarios and robust development in artificial intelligence, electronic information, equipment manufacturing and other fields.
Hundreds of representatives from low-altitude economy enterprises, scientific research institutions, investment institutions and industry experts from around the world met together for the duration of the conference, and Chengdu comprehensively displayed its latest achievements in the field of low-altitude economy, future planning and a series of industrial support policies for global guests, explored cooperation opportunities, and jointly developed new models, new forms and new paths for low-altitude economy industries. During the conference, Chengdu issued the opportunity list of global cooperation in the field of low-altitude economy industry to provide more powerful guarantee and support for low-altitude economy enterprises in Chengdu and promote the sustainable and healthy development of the industry.
The successful holding of the conference not only built an important platform for international exchanges and cooperation for low-altitude economy industries in Chengdu, but also promoted the integration and coordinated development of upstream and downstream enterprises in the industrial chain. Looking ahead, Chengdu will continue to seize the opportunities of global low-altitude economy industries and accelerate the development and introduction of the whole industrial chain of low-altitude economy industries based on its unique industrial base, abundant application scenarios and favorable policy environment.
SOURCE 2024 International Low-altitude Economy Product Release and Investment Conference
The post 2024 International Low-altitude Economy Product Release and Investment Conference held successfully appeared first on HIPTHER Alerts.

 
The report “Release Liners Market by Substrate Type (Glassine/Calendered Kraft Paper, Polyolefin Coated Paper, Clay Coated Paper), Application (Labels, Pressure-Sensitive Tapes, Hygiene), Material Type, Labeling Technology, and Region – Global Forecast to 2029″, size is projected to grow from USD 12.7 billion in 2024 and is projected to reach USD 15.4 Billion by 2029, at a CAGR of 4.0%.

Release liners are essential in various industries, serving as protective layers that facilitate the smooth application and performance of adhesive products. Usually, release liners are made of paper and film and their primary function is to protect adhesives from adhering to substrates until they ready to be applied. Its primary purpose is to facilitate the proper usage, storage, and distribution of adhesive products such as labels, tapes, and medical device products. The increased popularity of the e-commerce industry has created the need for packaging that requires release liners due to their role in the performance and appearance of packaging products. Also, the growth of the healthcare and medical sectors that require enhanced adhesive products for their operations also drives the market. The increased consumption in automotive and electronics industries, which are also users of adhesive solutions, is also responsible for the increase in demand. Furthermore, the growing awareness about sustainable and recyclable products is influencing the development of environmentally friendly release liners which also promotes the market prospects in line with the international environmental policies.
Browse in-depth TOC on “Release Liners Market”
551 – Tables55 – Figures371 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=240148061
“Non-silicone segment is estimated to be the 2nd largest material segment of release liners.”
The non-silicone segment is anticipated to be the second-largest material type in the release liners market. This growth is mainly attributed to the rising need for replacement of silicone-based release liners that are widely used in numerous industries. Specifically, non-silicone release liners are much appreciated for their unique benefits, including the relatively low cost, reduced environmental footprint, and suitability for specific applications where silicone may pose challenges. The increasing concern over the health and environmental risks that may be linked to silicone have also contributed to the move towards non-silicone products. Therefore, the non-silicone segment is experiencing a high level of demand, contributing to the overall development of the release liners market.
“By Application, Labels segment of the release liners market is expected to account for the largest share during the forecast period.”
The Labels segment has long dominated the release liners market and is expected to maintain its stronghold over the forecast period. This growth driven by ever-growing demand across numerous industries including consumer goods, pharmaceuticals, and logistics. Such labels play a pivotal role in product promotion, instruction, and tracking, significantly increasing requirements for efficient, dependable release liner technologies. Moreover, continuous evolution in labeling techniques combined with e-commerce proliferation continue powering robust expansion in this segment, cementing its place as a catalyst for the verall market’s expansion.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=240148061
“By Substrate, Glassine/Calendered Kraft Paper segment of the release liners market is expected to account for the largest share during the forecast period.”
The Glassine/Calendered Kraft Paper segment is projected to dominate the release liners industry in terms of market portion during the forecast time period. This segment’s importance can be attributed to its superior properties, including high density, smoothness, and resistance to grease and wetness, which render it an ideal substrate for a wide range of uses. Glassine/Calendered Kraft Paper is extensively applied in industries such as food and beverage, healthcare, and customer merchandise, where it serves as a dependable and cost-effective material for labels, tapes, and other sticky goods. Additionally, the growing focus on sustainable packaging solutions has even more fueled the demand for this paper-based substrate, as it is often derived from renewable resources and is biodegradable. As a result, manufacturers and end-users alike are progressively opting for Glassine/Calendered Kraft Paper in their packaging and labeling procedures, driving its development and dominance in the release liners industry.
Key Players
The Release liners market comprises key manufacturers such as are 3M (US), Mondi (Austria), Ahlstrom (Finland), Loparex (US), LINTEC Corporation (Japan), Sappi (South Africa), Polyplex Corporation Ltd. (India), Gascogne (France), UPM (Finland), and Avery Dennison Corporation (US) among others are the major players in the release liners market.
Request Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=240148061
Browse Adjacent Market: Packaging Market Research Reports & Consulting
Related Reports:
Release Coating Market– Global Forecast to 2025
Industrial Tapes Market – Global Forecast to 2020

The post Release Liners Market worth $15.4 Billion by 2029 – Exclusive Report by MarketsandMarkets™ appeared first on HIPTHER Alerts.