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0.00255144489433695 0.00255144489433695 0.00349437018137458 0.00349437018137458 -0.000665594320261668 0.000110932386710357 0.00382716734150534 0.00344888790282327
Stock impact report

How Stablecoins Became The Payment Rails For Naughty Finance [Forbes]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Forbes
payments in gambling . The Special Committee on Payments has a problem. Credit cards are being banned from online wagering platforms. Major operators are voluntarily stopping card acceptance. State legislators are proposing outright prohibitions. So what comes next? The answer sitting in front of these regulators is cryptocurrency. Specifically, stablecoins. The Credit Card Exit Creates A Vacuum The gambling industry faces an immediate crisis. Credit card companies and legislators have decided that letting people fund gambling accounts with borrowed money creates too much risk. Fair enough. But the alternatives within traditional finance are limited and inadequate. Wire transfers take days. ACH payments aren't much faster. Both require business hours, which is a problem for an industry that operates 24/7. And here's the uncomfortable truth: when regulated operators restrict payment options, illegal gambling operations just absorb the market share. They're already using cryptoc Show less Read more
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