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The United Kingdom Gambling Commission clearly states that it’s not illegal for any UK-licensed casinos to merely accept cryptocurrencies, new residency bitcoin slots. However, strict rules and gambling rules are in place, and the operators must adhere to those to legally settle for crypto funds from bettors. Amongst the things that they are required to do is stick with the UKGC’s strict phrases on AML (Anti-Money Laundering) and KYC (Know Your Customer) standards. This implies that one of the benefits of cryptocurrencies ‘ anonymity ‘ is significantly decreased when taking half in at UK crypto casinos. However, this anonymity is simply really in demand in international locations where gambling is unlawful, and you want a convenient fee methodology offering such a service.
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