Bernstein sees Robinhood’s crypto business shifting toward infrastructure as new products like prediction markets and perps gain ground.
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Circle urged the SEC to align its proposed Regulation Crypto Assets with the GENIUS Act and clarify treatment for payment stablecoins.
Circle said it submitted comments to the U.S. Securities and Exchange Commission on October 20 on the agency’s proposed Regulation Crypto Assets, urging the commission to align the framework with the GENIUS Act and to clarify how payment stablecoins should be treated in onchain capital formation. The company said the proposal could support innovation while preserving market transparency, investor protection, liquidity and efficiency, but asked for clearer rules on permissionless networks, stablecoin use and post-launch technical services.
Evidence and context
In its comment letter, Circle backed the SEC’s stated goal of creating a tailored framework for certain crypto-asset offerings and investment contracts, while arguing that blockchain networks can complement existing market strengths through faster settlement, programmable transactions, transparent records and improved auditability. The company also emphasized technology neutrality and said permissionless networks such as Arc can offer scale and network security, while asking the SEC to clarify the treatment of different permissionless network structures.
Circle said the proposal should operate consistently with the GENIUS Act. It asked the SEC to clarify how GENIUS-compliant payment stablecoins may be used as payment and settlement assets in onchain capital formation, and to specify that qualifying payment stablecoins count as “cash” for purposes of proposed Rule 302(b). The company also called for dollar-based valuation treatment, appropriate accounting and customer-reserve treatment, and a reduction of the current 2% broker-dealer haircut to zero for GENIUS-compliant payment stablecoins, subject to objective safeguards.
The letter further asked the commission to clarify that technical services performed after a network becomes functional, including maintaining a known validator set, do not amount to essential managerial efforts. Circle said a safe harbor for technical roadmaps would allow issuers to maintain and improve functioning networks without inadvertently restarting that analysis.
The filing comes against the backdrop of the SEC’s proposed Regulation Crypto Assets, which remains a proposal as of October 28, 2026. The rulemaking record shows the proposal was issued on August 18, published in the Federal Register on August 21, and had a comment deadline of October 20. Separately, the SEC on October 1 proposed a crypto-custody framework for investment advisers and regulated funds, including conditional self-custody and use of state trust companies.
Because the SEC proposal has not been finalized, the practical effect of Circle’s requested changes remains uncertain. The agency has said antifraud and antimanipulation provisions would continue to apply even if the framework is adopted, and the proposed safe harbor is conditional rather than a blanket exemption.
Dubai, United Arab Emirates, October 28th, 2026, Chainwire
Fresh from a record 520,451 traders and a GUINNESS WORLD RECORDS title in 2025, WSOT 2026 opens on October 29 and brings stocks, gold, and AI-assisted trading into the arena for the first time
Bybit, the New Financial Platform trusted by more than 80 million users worldwide, today announced that the World Series of Trading (WSOT), its flagship global trading competition, returns for 2026. Registration opens on October 29, 2026 at 10AM UTC, and the competition runs until December 2, 2026, with a maximum prize pool of 10 million USDT.
This year’s theme, The World Trades Here, marks the biggest change in WSOT’s six-year history. The competition expands from crypto into a multi-asset arena, where traders can compete on crypto, stocks, gold, oil, and indices from one account, and put AI to work in a dedicated new track. Ahead of opening day, Bybit is inviting traders, creators, and community leaders worldwide to step up as squad leaders.
A record-breaking 2025
WSOT 2025 was the largest edition in the competition’s history. By removing equity requirements at registration, WSOT opened its door wider than ever, and the world showed up:
- 520,451 participants from 202 countries and regions, nearly seven times the 2024 total
- 1,474 squads formed worldwide
- A GUINNESS WORLD RECORDS title, with 71,765 participants joining within 24 hours
Those numbers cap six years of growth. WSOT launched in 2020 with nearly 12,000 participants. By 2024 it had reached 161 countries and generated USD 100B in trading volume, adding tiered leagues, Copy Trading, and DEX participation along the way. Since its launch, WSOT has grown from a crypto trading competition into Bybit’s flagship global trading event.
Expect in 2026
WSOT 2026 reflects Bybit’s shift into a global multi-asset platform. Five tracks share the maximum prize pool, which unlocks as total trading volume grows:
- Squad Showdown. Squads compete on P&L%, with rewards for top squad leaders and the first squads to form.
- Individual Showdown. Traders compete on P&L within weight classes, namely Lightweight, Middleweight and Heavyweight.
- Global Assets (new). Spot and TradFi Perps leaderboards spanning crypto, stocks, gold, oil, and indices.
- AI Showdown (new). A dedicated leaderboard for traders putting Bybit AI or general AI subaccounts to work.
- Preheat Quest. Trading tasks across five arenas, with rewards throughout the campaign.
Bybit is inviting traders, creators, and community leaders to lead squads. Applications open on October 29, and members as well as leaders earn rewards for inviting traders to their squad.
Key dates by Stage
Stage > Dates & Times (2026, UTC)
Preheat Quest: Registration > Oct 29, 10AM – Dec 2, 10AM
Squad Showdown: Squad Creation > Oct 29, 10 AM – Nov 11, 10AM
Squad Showdown: Main Competition > Nov 13, 10 AM – Dec 2, 10AM
Individual Showdown > Nov 13, 10 AM – Dec 2, 10AM
Global Assets: Spot Competition > Nov 5, 10 AM – Nov 26 10AM
Global Assets: TradFi Perps > Nov 19, 10 AM – Dec 2, 10AM
AI Showdown > Nov 13, 10 AM – Dec 2, 10AM
There is no minimum equity to register. Participation is subject to eligibility, KYC and product appropriateness checks. Wash trading, self-trading, multiple accounts and collusion are prohibited and monitored, and participants who breach the rules will be disqualified. Pro users, market makers, and institutional users are not eligible.
About Bybit
Bybit is The New Financial Platform.
We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.
Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.
Disclaimer:
Trading digital assets and derivatives involves significant risk, particularly when using leverage, and you may lose all of the funds you commit. Rewards do not compensate for trading losses. Product availability may vary by region. Some products and services may not be available to all users. This content is for informational purposes only and does not constitute an offer, solicitation, or recommendation to access or use any product or service. The full Terms and Conditions on the event page apply and prevail in case of any inconsistency. Bybit reserves the right to modify the terms of this event without prior notice and the right of final interpretation of this event. Please note that participants from restricted countries and regions are not eligible for this event. This event is not intended for users residing in the European Economic Area (EEA).Participants are solely responsible for any taxes arising from rewards received. Bybit may withhold or deduct taxes where required by applicable law.
#Bybit / #NewFinancialPlatform / #WSOT
Contact
Head of PR
Tony Au
Bybit
tony.au@bybit.com
Immersive World Betting is coming for casinos. This game from Joy Studios and Cloudbet proves it.
For decades, casino games asked players to press a button and wait. A new game from Joy Studios and Cloudbet asks them to walk into a haunted house instead.
The first thing you notice in Fearshot: Phantom Mansion is that nothing is spinning.
There are no reels and no ball dropping through pegs. There is a grand foyer, dimly lit, and the ghost of a drowned servant girl drifting near the stairs. You raise the Phantom Blaster, pick a target and pull the trigger. Every ghost carries a number. Hit it, and that number is your multiplier. Miss, and your stake is gone. Either way, you know at once, and you are already looking for the next ghost.
It plays like a first-person shooter. It is a casino game. Fearshot: Phantom Mansion, built by Joy Studios and launching exclusively in Cloudbet’s casino lobby on 28 October, is the first of what the two companies call Immersive World Betting: games where the player moves through a 3D world, and every choice in that world is a bet.
From the reel to the room
For most of their history, casino games have been things you watch. A slot spins. A roulette ball settles. Even the instant games that took over crypto casinos, such as Plinko, Mines and crash games like Aviator, are built around one decision and a short wait.
Video games went the other way. Players got bodies, spaces to cross and worlds to get lost in. A generation grew up inside those worlds, and some of them now want their casino games to feel the same.
“Slots and games like Plinko, Mines and Aviator will always be around,” said Will Cordry, Games Product Manager at Joy Studios. “They’re great, and players love them. But with the ability to build games at speed, we’re going to see a lot more of this new breed of game.”
That speed is what changed. A 3D world used to need a large team and years of work. New tools, AI among them, now let a small studio build one far faster. A casino game no longer has to be a screen with buttons. It can be a place.
“The way things are going, the next GTA VI could come from a casino,” Cordry said. “Maybe it even has some non-betting play mixed with casino mechanics. But we’re moving in a direction where you don’t just sit and spin a slot. You take part in the action, you move through space, and you’re immersed in the world you’re betting in.”
Inside the mansion
Phantom Mansion’s story reads like a horror film. The house was once famous for its parties. Then came a final dinner: the Head Mistress had her own son and granddaughter poisoned, and the Wailing Widow, mad with grief, called up demons for revenge. The ritual failed, and no one ever left. The player arrives as a bounty hunter whose weapon turns captured souls into gold.
Every room has its ghost. Goodnight Dolly, a girl bound to a porcelain doll, waits in the Toy Room beside her father, now a ventriloquist’s dummy. Chef DeVour still cooks the meal that killed him. Mr. Razorburn haunts the Boiler Room with blades for fingers. Each ghost carries a multiplier, each captured soul builds a running soul multiplier, and a Soul Collector gives a second chance at a bigger win.
Some things hunt back. The Wailing Widow appears without warning, and every hit on her pays 1.1x. The Inquisitor follows players from room to room and pays 350x to anyone who brings him down. A shot in the Secret Altar Room can summon the final judge, Sister Penance, and her seven faceless Bailiffs, each holding a prize of up to 50x.
It is closer to a horror game than to a slot. That is the point.
The first of a new breed
Cloudbet sees its own players in this shift. “Our players grew up in first-person worlds. Now they can bet in one,” said a spokesperson for Cloudbet. “Fearshot: Phantom Mansion is the first Immersive World Betting game, and it won’t be the last. We want Cloudbet to be where players find this new breed of game first.”
Fearshot is meant to be a series, not a single title. The two companies plan more Fearshot games, each set in a new world. Until the next one opens, Cloudbet’s in-house Cloudbet Originals, including Plinko and Mines, cover the faster end of the lobby.
The doors open on 28 October 2026, three days before Halloween. Cloudbet will mark the launch with two leaderboard events: Open House, a 24-hour race with a $5,000 prize pool, and The Haunting Hour on Halloween, with $20,000 for the top 30 players and $1,500 more for the top three Wailing Widow hunters. Prizes are paid in USDT.
Fearshot: Phantom Mansion is available exclusively on Cloudbet. Full terms apply. Players must be 18+ and in a jurisdiction where Cloudbet accepts players.
About Joy Studios
Joy Studios is an independent studio that makes high-quality casual games, with more on the way. Fearshot: Phantom Mansion is its first Immersive World Betting game.
About Cloudbet
Cloudbet is the home of the biggest crypto players. A crypto casino and sportsbook built for the people who play at the top, and the ones rising to join them. Founded in 2013, it is the longest running name in crypto betting, and the one that knows its players better than anyone.
Cloudbet’s players have placed millions of bets in more than 30 cryptocurrencies, across slots, live casino, and sports markets from the Premier League to NFL player props to esports. They stay for fast payouts, honest prices, and a venue that treats gaming as an experience in itself, not a transaction to be processed.
Cloudbet.com, Instagram @cloudbetofficial, X @Cloudbet.
Bitcoin price traded near $80,500 most of Tuesday, holding above the $80,000 level that has become the market’s line in the sand. Prices ranged between roughly $79,400 and $80,800 over the day, according to Bitcoin Magazine Pro data, and the asset was up about 0.3% over the prior 24 hours by mid-afternoon Eastern time.
The steadiness follows a rough stretch. Bitcoin price fell below $80,000 on Monday as investors cut risk exposure, weighed down by concerns about AI-sector valuations and higher oil prices. Spot Bitcoin ETFs have also been shedding money. Still, the selling hasn’t turned into panic. Bitcoin price has mostly stayed in a band between about $79,000 and $81,000 this week.
The longer view is harder on anyone who bought near the top. Bitcoin’s all-time high sits near $126,000, set in October 2025, and the price is roughly 30% below where it was a year ago.
The Federal Reserve’s policy meeting runs October 27 and 28, with the decision due Wednesday. The central bank has held its target range at 3.75% to 4% after raising it in September, and officials have signaled another increase may be needed by year-end.
Market odds leaned toward a hold the last time they were clearly reported in early October, but those numbers are stale and likely have moved. Traders will watch Fed Chair Kevin Warsh’s press conference for hints about a December hike.
Bitcoin price logic amidst the midterms
The logic for Bitcoin is simple. Higher rates drain liquidity from speculative assets, so a hawkish surprise would likely push the price back toward $80,000 or below.
A hold, or a softer tone, could give buyers room to push toward the $88,000 range seen earlier this fall. The November 3 midterm elections add another layer. Prediction markets have favored Democrats winning both chambers of Congress, according to one Polymarket reading cited in recent coverage.
For crypto, the most immediate policy question is the pending market structure bill, and lawmakers’ votes on it could shape how the industry approaches the races. Bitcoin and other risk assets have tended to rally in the 12 months after past midterm cycles.
TD Cowen analysts have warned the results could stall the CLARITY Act for two years. Prediction markets gave Democrats a 90% chance of winning the House and 62% of winning the Senate, a scenario TD Cowen called the most negative for bitcoin.
A split Congress, with Republicans holding the Senate, was seen as better, while a Republican sweep was viewed as the best path for crypto. The bill had stalled after a failed Senate cloture vote in September, with ethics provisions and stablecoin yield still dividing lawmakers.
At the time of writing, the bitcoin price is roughly $80,600.
South Korea’s crypto exchange Bithumb is investigating the extent of a data leak caused by a hack of its internal mobile system earlier this week, Yonhap News Agency reported Wednesday.
Bithumb discovered the breach of its in-house mobile system — the platform used by employees to communicate internally — on Tuesday and notified the Korea Internet & Security Agency and the Personal Information Protection Commission that day, according to Yonhap, which cited industry sources.
The exchange is investigating the scope of the attack, including whether member data was leaked.
“We are analyzing the exact scope, including the possibility of member information being involved,” Bithumb told Yonhap. “We will provide an official announcement this morning. However, the internal work system is separated from the virtual asset trading system, so customer virtual assets cannot be accessed through this breach.”
Cointelegraph reached out to Bithumb for further comment.
The incident adds to a recent wave of cyberattacks in Korea’s financial sector.
During a meeting at the Financial Supervisory Authority headquarters on Wednesday, Governor Lee Chan-jin said cyberattacks had hit 16 South Korean financial firms as of Oct. 14.
The Korea Times reports that asset manager Mirae Asset Global Investments and Daishin Securities were also recent victims of cyberattacks.
Daishin Securities said that personal and credit information belonging to 38,490 customers had been leaked. Mirae Asset Global Investments said it had blocked abnormal external access to some web systems and was investigating the incident. The company said investor information was not affected, according to Yonhap.
Related: Bithumb sets 2028 IPO timetable as it overhauls internal controls
The OCC’s new GENIUS Act rules let exchanges like Coinbase and Robinhood keep paying interest-like stablecoin rewards, despite warnings from banks about deposit flight.
TLDR
- Federal regulators have confirmed that crypto exchanges can keep paying interest-like rewards on stablecoin balances.
- Under the OCC’s new GENIUS Act rules, stablecoin issuers like Circle still cannot pay interest to holders directly.
- Exchanges such as Coinbase and Robinhood can pass on earnings from the reserves backing the coins, handled on a case-by-case basis.
- Banking groups and consumer advocates have criticized the decision, warning of deposit flight and a lack of consumer protections.
Crypto companies can keep paying interest-like rewards to customers, according to federal bank regulators. The ruling arrives despite warnings from banks that such programs could pull trillions of dollars out of the banking system.
The decision is part of the rollout of the GENIUS Act, which was signed into law last year to set rules for stablecoin issuers. The Office of the Comptroller of the Currency (OCC) published the new rules on Wednesday.
What the New Rules Allow
Under the OCC’s framework, stablecoin issuers like Circle remain barred from paying interest to people who hold their coins. Exchanges that trade and hold those stablecoins, including Coinbase and Robinhood, can pass earnings from the coins on to customers as interest-like rewards. Regulators said exchanges can do so on a case-by-case basis. Banks had wanted the practice banned outright.
Stablecoins are crypto tokens designed to hold a steady value, typically $1 per coin. They are backed by bank deposits and U.S. Treasuries, which earn interest, and that interest sits at the center of the fight between banks and crypto firms. The industry wants to turn the income from those reserves into a yield for customers.
Why Banks Are Worried About Deposit Flight
Banking groups have pushed for tighter limits because crypto firms often offer higher yields than traditional savings accounts. Coinbase, for example, offers up to 3.5% on USDC balances. The FDIC’s latest figures put the average savings account yield at 0.38%.
If stablecoins and exchanges outcompete banks on yield, customers could shift their savings into crypto, a trend known as deposit flight. The banking industry argues this would reduce banks’ ability to lend and, in a worst-case scenario, cause some to fail. The same issue sparked intense debate when lawmakers drafted the CLARITY Act.
Banks and Consumer Groups Push Back
The American Bankers Association said the decision threatens the funds banks use to make loans that drive the U.S. economy. It argued the rule preserves the status quo for crypto platforms despite Congress’s clear intent to protect local lending.
Consumer advocates have joined banks on this issue, which is unusual. They worry that customers will see crypto rewards as equivalent to bank account interest, even though the crypto world has no equivalent of FDIC deposit insurance. Phillip Basil of Better Markets said the OCC has handed stablecoin issuers a free pass to do the work of banks without the protections that keep the banking system safe.
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
The US Commodity Futures Trading Commission (CFTC) announced legal action against Utah officials after the state’s attorney general said he would sue to compel Kalshi and its affiliates to return up to $60 million in profits allegedly obtained illegally.
In a Monday filing in the US District Court for the District of Utah, lawyers for the commodities regulator sued the State of Utah and its Attorney General Derek Brown a week after officials announced legal action against prediction market platform Kalshi and its affiliates over allegedly illegal betting.
According to the CFTC, Utah was attempting to bypass congressional intent to “federally preempt state law” by “restrict[ing] the functioning of CFTC-registered exchanges.” CFTC Chair Michael Selig has been claiming for months that the regulator has “exclusive jurisdiction” over prediction markets, leading to several lawsuits between state and federal authorities.
“The event contracts targeted by Utah are ‘swaps’ under the federal [Commodity Exchange Act], and the exchanges that offer these event contracts for trading are CFTC-regulated Designated Contract Markets [DCMs],” said the lawsuit. “Utah’s efforts to prevent a CFTC-regulated DCM from offering CFTC-approved financial products intrude on the exclusive federal scheme Congress designed to oversee United States commodity derivatives markets.”
Kalshi spokesperson Jacki McGavick told Cointelegraph in response to the Utah lawsuit:
“As a national derivatives market overseen by the CFTC, Kalshi answers to federal law, and no single state should have a veto over it.“
The case is another dispute between federal and state authorities over prediction markets that may be resolved only by a Supreme Court decision. In September, New Jersey officials petitioned the high court to weigh in on their case against Kalshi, similar to other lawsuits pending in Michigan, Ohio, Kentucky, Nevada, Massachusetts, Wisconsin and New York. As of Tuesday, the Supreme Court has not announced whether it will hear arguments in the case.
Related: NBA names Kalshi, Polymarket preferred exchanges, signs CFTC deal
Mirae Asset Securities and Grvt Collaborate on Tokenised Funding Note Issuance
Singapore, Singapore, October 27th, 2026, Chainwire
The collaboration begins with Grvt’s subscription to Mirae Asset Securities’ tokenised funding notes, with potential future tokenised products (e.g., tokenised Treasuries, corporate bonds and ETFs) to be explored, subject to applicable regulatory requirements.
Mirae Asset Securities (HK) Limited, the Hong Kong subsidiary of Korea’s leading securities firm, has arranged an issuance of tokenised funding notes under its affiliate’s structured notes programme, to which Grvt has subscribed. Grvt intends to use the resulting exposure in connection with Grvt Earn, subject to applicable requirements.
Grvt Earn is offered and operated independently by Grvt and is available only to eligible users in permitted jurisdictions. Grvt has subscribed for the notes. Any use of the resulting exposure in connection with Grvt Earn is independently determined and managed by Grvt.
From Tokenised Funding Notes to Tokenised ETFs
Tokenised funding notes are the starting point. The two firms will next explore additional tokenised products (including Treasuries and ETFs) on a non-committed and exploratory basis, subject to applicable regulatory approvals and product/compliance clearance.
Mirae Asset Financial Group oversees more than US$1 trillion in client assets worldwide as of Sep 2026. The parties intend to explore opportunities involving selected tokenised products, subject to applicable regulatory requirements.
The transaction represents an initial collaboration between the two firms. The parties may explore further opportunities involving tokenised products, subject to applicable legal and regulatory requirements and their respective internal approvals.
Mirae Asset Securities’ Digital Asset Expansion
Mirae Asset Securities has moved quickly to connect traditional finance and digital assets in 2026. In January, it became the first Korean securities firm to issue digital bonds in Hong Kong. In April, Mirae Asset Securities (HK) Limited became the first Korean-owned brokerage to receive the Securities and Futures Commission (“SFC”) approval to offer digital asset trading to retail investors. In July, it launched MAPS in Hong Kong, a single app for traditional and digital assets with products allowed by the SFC.
“When Korea’s leading securities firm explores opportunities in tokenised assets, collaboration with market participants plays an important role. Grvt’s subscription to Mirae Asset Securities’ tokenised funding notes marks an initial step in this collaboration. Together, we intend to explore opportunities involving tokenised Treasuries, corporate bonds and, over time, ETFs for eligible investors in permitted jurisdictions, subject to applicable regulatory requirements.” Hong Yea, Co-founder and CEO, Grvt
“We see tokenisation as an important area of development for capital markets. Grvt’s subscription to this tokenised funding note issuance represents an opportunity to explore the use of tokenised securities in new market structures. We look forward to exploring further opportunities.”
“This issuance marks a step forward in our digital asset strategy, bringing our structured product capabilities into tokenised markets. We look forward to exploring further opportunities with Grvt, subject to applicable regulatory requirements and internal approvals.” Kelly Sohn, Head of Digital Assets, Mirae Asset Securities (HK) Limited
About Grvt
Grvt is an onchain platform, live since 2024. Users trade, invest, and earn from a single account that only their own key can move. Grvt has served more than 198,000 wallets and reached a peak of US$109 million in total value locked on 22nd March 2026. It is backed by ZKsync, Further Ventures, 500 Global and Hack VC, and works with ecosystem partners including Ondo Finance, Aave, Morpho, Plume and OpenEden. Learn more at grvt.io.
About Mirae Asset Securities (HK) Limited
Mirae Asset Securities (HK) Limited (SFC CE No.: BJB333) is a member of the Mirae Asset Financial Group. Its parent company, Mirae Asset Securities Co., is one of the largest securities firms in South Korea. Established in Hong Kong, Mirae Asset Securities (HK) Limited serves as an important platform for connecting clients to global markets, supported by Mirae Asset’s international network, investment expertise, and long-standing commitment to innovation.
Disclaimer: This announcement is for information only and does not constitute an offer or solicitation to buy or sell any securities, virtual assets or other products. Grvt is not licensed or registered with the Securities and Futures Commission, and Grvt Earn has not been authorised by the SFC and is not offered to the public in Hong Kong. Grvt Earn is independently offered and operated by Grvt; its availability depends on jurisdiction and eligibility, and yields are variable and not guaranteed. Mirae Asset Securities (HK) Limited and its affiliates do not operate, distribute or recommend Grvt Earn and are not responsible for its operation, availability, performance or returns. Information about Grvt and Grvt Earn has been provided by Grvt and has not been independently verified by Mirae Asset Securities (HK) Limited or its affiliates.
Contact
Lesner Chua
GRVT ASIA PTE. LTD
lesner.chua@grvt.io
Belize City, Belize, October 27th, 2026, PlayNewswire
BC Game introduces Ali “Ako” Muhanned as CEO, marking a new chapter in his longstanding involvement in the business
Ako sets out priorities for player trust, international growth and a closer connection between leadership and the BC Game community.
BC Game, the global online casino and sports-betting platform, has formally introduced Ali “Ako” Muhanned as Chief Executive Officer, building on his longstanding involvement in the company’s brand strategy, international partnerships and development.
The appointment brings Ako into a more public role within a business he has helped shape over several years. As CEO, he will lead BC Game’s next phase of development, with a focus on strengthening player trust, improving the platform experience and guiding international growth.
“For me, this is the next step in a business I’ve been deeply involved in for years,” said Ako. “Much of my work has happened behind the scenes, working with our people, developing relationships and helping shape where BC Game goes next. Now I want our community to have a more direct connection with me and a clearer understanding of what we’re building.”
A long-term commitment to BC Game
Through his work across brand strategy and international partnerships, Ako has helped develop BC Game’s presence and relationships across markets. His appointment as CEO builds on that involvement and establishes a clear public role leading the wider business.
“I’ve cared deeply about BC Game since it was founded when I was 19,” Ako said. “It has always been about thinking beyond the next campaign or announcement. It’s about making decisions we can stand behind, building a strong team and delivering an experience that gives players a reason to stay with us. My commitment to that has been there for a long time.”
Leadership connected to its players
Ako’s priorities include making player feedback a more direct part of how BC Game identifies problems and improves its services.
To support that, he is introducing three commitments:
- Monthly open sessions: Live conversations where Ako answers player questions, discusses priorities and shares updates on the business.
- A dedicated escalation channel: A route for unresolved player issues to reach a team that reports directly to the CEO.
- Regular public progress reports: Updates on the issues players raise most, the action being taken and the work still ahead.
“Trust isn’t built by announcements. It’s built by what happens when something goes wrong,” Ako continued. “If an issue keeps coming up, I want to understand why and what we’re doing about it. Players deserve clear answers, proper follow-through and a company that takes their experience seriously.”
Building BC Game’s next chapter
Under Ako’s leadership, BC Game will focus on improving its core casino and sports-betting experience, strengthening international partnerships and pursuing responsible growth in new markets.
Community and entertainment will remain part of that direction, alongside a focus on service quality and responsible gaming.
“We have a clear ambition for BC Game, and I want our players and our team to understand where we’re going,” Ako added. “My responsibility is to turn that ambition into consistent progress in the product, in how we respond to problems and in the standards we set across the business.”
Join the conversation
Players can follow @akofocus on X and on Instagram to share feedback and take part in community discussions. Account-specific concerns should continue through BC Game’s official support channels. Details of the dedicated escalation process will be shared through official channels.
Ako’s first live session is planned for Saturday, 7 November 2026 on Gosh.com/akofocus. The timing will be announced closer to the date.
About BC Game
Founded in 2017, BC Game is an online gaming platform offering casino games, sports betting and community-driven entertainment. BC Game supports responsible gaming. Information about its operating licences and available player-protection tools can be found on its official website.
Contact
BC Game
bcgame@pressboxpr.co.uk