Casinos by Country
When the first cryptocurrency, Bitcoin, was created in 2009 people doubted its potential. The idea of a digital currency lacking centralization was nothing more than a myth for most people. Since then, not only Bitcoin proved everyone wrong but reached heights, no one would have imagined and established itself in gambling.
Cryptocurrency gambling has been flourishing around the world. Online casinos are more open to accepting cryptos as a way of payment. The wave of cryptocurrencies in numerous countries is visible and they are actively used in different industries.
Countries in the world have different approaches when it comes to crypto gambling. In the majority of states, Bitcoin is not considered a legal entity, but there are also no written laws about its regulation. Despite numerous legal aspects and attempts to put crypto gambling in a particular framework it is difficult to regulate crypto. We will talk about different countries and find out how they deal with this subject.
Why Is Crypto Gambling Becoming More Popular?
A very simple answer to this question is the advantages these digital currencies offer to customers. Bitcoin was the first-ever crypto created in 2009 and numerous altcoins followed. They can guarantee anonymity, speed of transactions, and privacy of every user. While online gambling is prohibited in many countries, cryptocurrencies allow players to remain anonymous and their transactions are not visible to central governments, let alone banks.
The absence of commission fees is one of the most notable factors. Generally, cryptocurrencies have slight or no extra charge when it comes to withdrawing money, while fiat currencies are associated with commission fees. Furthermore, crypto transactions are fast and executed in just minutes. Fiat methods require several working days for the payments to appear on your account.
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March 15, 2023 MetaSpins Casino to offer new players up to one Bitcoin welcome bonus -
March 14, 2023 Empire Casino is to grant new players 20% cashback instead of a welcome bonus -
March 8, 2023 Wild.io Crypto Casino has launched Monday Free Spins -
March 7, 2023 CoinSlotty Casino announced the new No Deposit offer -
February 27, 2023 Wagmi casino canceled any wagering requirements for its Free Spins offer -
February 20, 2023 Bitsler casino has presented a USD 700 welcome promo package -
February 17, 2023 Coinslotty celebrates its newest milestone with a special gift -
December 21, 2022 Happy Holidays With Crypto Prizes at 1xBit -
December 2, 2022 Bitslot Welcome Bonus: Receive a 150% Bonus on Your First Deposit!