The Singapore Parliament has approved amendments to the 'Casino Control Act', introducing provisions that strictly regulate the usage of cryptocurrencies. This move aims to enhance the effectiveness of casino regulatory mechanisms and provide better protection for vulnerable groups. The amendments grant casino regulatory bodies more authority to monitor various forms of gambling, including traditional betting and lotteries, to prevent obsolescence due to new services offered by casino operators. Notably, the amendments explicitly state that cryptocurrencies cannot be used as casino chips, with primary concerns revolving around money laundering risks.