Malta-based iGaming Group has announced the endorsement of Samecoin, a utility token, and SameUSD, a cryptocurrency pegged 1:1 with the US Dollar, and will be accepting the tokens for future use in gameplay and transactions.
“Cryptocurrencies can be used to help issues of trust between casino operators and players”, iGaming Group said in Tuesday’s announcement, a view echoed by officials at the Malta Gaming Authority.
Samecoin is known for powering the entire Samecoin ecosystem, giving holders and users benefits and rewards which they can use for governance, staking and minting.
In addition, SameUSD’s peg with the US Dollar has made it attractive due to the stable store of value.
Closing off, iGaming Group shares that its specialists are currently testing SameUSD for “real use on products for clients, and will update” customers on future progress and adoption.
The event promises to be one of the most spectacular charity galas in Malta, aiming to surpass its fundraising goals and make an even greater impact
Players who wish to withdraw any funds are to be referred to the MGA’s ticketing system.
'Being a public holiday on a Wednesday kinda reminded me of when I went to secondary school'
Cybersift CEO Brian Zarb Adami explains how F5 will change the game of online assets protection, in an ever-evolving digital landscape