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Brazil Finance Minister Dario Durigan stated the country does not depend on betting revenue to balance public accounts.
He said the regulation was well established and not with the intention of raising revenue.
“Tax collection is part of the economic game and all sectors contribute,” Durigan said. “The same happens with betting.”
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The following are a set of articles that discuss some of Bitcoin SV’s capabilities and offer some real-world business use cases. Most of these are specific to the gaming industry but there are a couple that are more generic but highlight BSV’s benefits.
How Bitcoin SV provides data ledger for Internet of Things – The Internet of Things depends on fast, unfailing data. This recap from a CoinGeek Live 2020 presentation explains how the Bitcoin SV’s low transaction fees allows that data to be stored on the blockchain for minimal costs.
Bitcoin SV is capable of 9000 transactions per second – In January 2021, the Bitcoin SV (BSV) Scaling Test Network (STN) reached a new height processing over 9,000 transactions per second. If your business needs an enterprise solution the TPS potential opens up a world of possibilities as to what can be done on-chain.
Bitcoin SV is capable of enterprise data management – At Sir Anthony Ritossa’s 13th Global Family Office Investment Summit in Dubai, a panel of Bitcoin experts explained how Bitcoin SV is already helping enterprises and governments, digitizing currency and data to solve existing challenges.
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Alongside the recovery of NZ$11.5 million, the DIA also took action against the class 4 gambling society One Foundation.
One Foundation’s operating licence was suspended for six days after the DIA identified accounting failures relating to gambling proceeds, as well as a failure to surrender a licence for one of its pokies venues when required by law.
The DIA also issued new financial guidance for class 4 operators, with the aim of providing greater clarity on their accounting requirements and an explanation of their obligations.
