Palau government opposes cryptocurrency online gambling

BY BERNADETTE H. CARREON

Palau Correspondent

  KOROR, Palau — The Palau government said the company advertising the launching of a cryptocurrency online gambling in Palau, “has no registration with the Foreign Investment Board.”

  In response to an inquiry, Press Secretary Olkeriil Kazuo said April 19 that “appropriate inquiries are being made with the companies and we expect to get responses. The general public is advised to take caution when interacting with these companies online, as they may be fraudulent scams.”

  Online articles regarding a certain RA Entertainment Inc. claim that the company has adopted blockchain ideas . . .

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