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It additionally authorizes the Federal Reserve System to create laws that prohibit financial transaction suppliers (banks, credit card companies, and so on.) from accepting these funds. See 31 U.S.C. § 5363(4). This Act, along with threats of prosecution underneath the Wire Act from the Division of Justice, has precipitated a number of Internet gambling businesses to withdraw from the U.S. In response, House Representatives launched multiple payments in 2007 to soften federal Web gambling regulation. If passed, the Web Playing Regulation and Enforcement Act and the Web Gambling Regulation and Tax Enforcement Act would license, regulate, and tax Web playing companies slightly than prohibit them from taking bets from the United States. Alternatively, the Talent Recreation Protection Act would make clear the Wire Act to exempt sure games akin to poker and chess.

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