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A comment on Binance served crypto traders in Iran despite U.S. sanctions. Parent comment

Re:Binance served crypto traders in Iran despite U.S. sanctions by lotsofpulp on Monday July 11, 2022 @09:37AM (#32055944)
Are these old laws that are no longer applicable? Because online gambling seems to be perfectly legal in the US based on the millions of sports betting (including fantasy) advertising slots I see when trying to watch a sports game.
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Re:Binance served crypto traders in Iran despite U.S. sanctions by yieldcrv on Monday July 11, 2022 @10:33AM (#32056696)
The ban is on financial institutions sending money to and from online gambling sites

With an newer exception for intrastate gambling

And an even newer exception for “games of skill” (sports fantasy stuff simply winning challenges to prohibitions)

Many other kinds of gambling sites use a seperate company for payments or just find a friendly bank to break the law

Regardless, the US consumer has many many options and does not have to care

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Re:Binance served crypto traders in Iran despite U.S. sanctions by Hamuko on Monday July 11, 2022 @09:40AM (#32055983)
Aren't fantasy football sites classified as "game of skill" (quotation marks very much needed) websites?
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Re:Binance served crypto traders in Iran despite U.S. sanctions by lotsofpulp on Monday July 11, 2022 @09:56AM (#32056185)
That would be an interesting loophole.
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