UK Gambling Regulator Eyes Crypto Payments for Licensed Betting
The UK Gambling Commission is considering the introduction of cryptocurrency payments for licensed online casinos and betting platforms.
Regulatory director Tim Miller stated that the commission aims to explore 'the potential path forward' for integrating crypto assets without compromising affordability and suitability checks.
A regulated crypto payment method could help redirect users from illegal gambling sites to licensed operators, reducing exposure to unlicensed platforms.