Banc De Binary, one of the most high-profile European providers of binary betting, has confirmed it will wind up its operations citing increased regulatory pressures, but as financial watchdogs tighten their grip on the industry, observers say other unlicensed boiler-room scams will slip away, out of the reach of oversight.
The global gambling industry is in a state of constant flux, evolving and growing at pace. The regulatory landscape requires professionals to stay on top of an increasing volume of complex regulatory demands.
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