The CasinoCoin Foundation, a non-profit entity supporting the blockchain-powered payment solution CasinoCoin (CSC), has appointed former IGT and Yahoo! compliance specialist Antonio Zanghi as chief compliance officer.
Zanghi joins the CasinoCoin Foundation in a newly-created role that underlines its commitment to use blockchain technology to create compliance solutions that go above and beyond what is currently available among traditional fiat currency operators.
He will oversee a technical compliance solution as part of the CasinoCoin blockchain that will provide partner operators with complete peace of mind.
Industry-first AML, KYC and responsible gaming checks will be fully integrated with the CasinoCoin Bankroll Manager, a single wallet solution that will allow users to deposit their CSC with multiple operator partners after passing a single registration and verification process.
“Compliance has never been more critical in the gaming industry than it is today, as we continue to see heavy fines levied on operators for infractions,” said CasinoCoin Foundation director of advocacy, John Caldwell.
“This is why we are delighted to welcome Antonio to the team. His years of experience in this field at the likes of IGT, Yahoo! and Red Tiger Gaming will prove invaluable as we build the most robust regulatory infrastructure in the sector.
“It has always been the aim of CasinoCoin to go above and beyond on the issue of compliance. Our single wallet solution will not only offer stronger protections and greater transparency to operators and regulators, it will also simplify the onboarding process for players.”
Antonio Zanghi, the CasinoCoin Foundation’s new chief compliance officer, added: “I am absolutely thrilled to be joining the CasinoCoin team. I have worked in compliance for many years now, and I have never been so impressed by the ambition laid out by John and his colleagues.
“By leveraging blockchain technology, it is possible to achieve things not before possible in the field. This is an utterly transformative approach to KYC, AML and responsible gaming that will raise the bar for what is expected of operators across the industry.”
Zanghi is the second former IGT staffer to join the CasinoCoin Foundation this year, following the appointment of Ashish Tawakley as chief commercial officer in March.