UK Gambling Commission Considers Regulated Crypto Payments

The UK regulator is exploring ways to enable regulated cryptocurrency payments within licensed betting markets.

According to recent statements from Tim Miller, Executive Director of Research and Policy at the Gambling Commission, the regulator wants to understand how crypto assets may be used safely while ensuring consumer protection and licensing standards are met.

The Financial Conduct Authority is expected to finalize its crypto asset framework this year, with implementation targeted for late 2027. The new rules will govern firms offering crypto services in the UK, introducing licensing requirements for crypto businesses and setting standards on financial stability and customer protections.