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Crypto usage rules in gaming in 2020

Posted on August 28, 2020

Crypto usage rules in gaming around the world? Cryptocurrencies have become a popular form of payment at many online casinos. Therefore, some of the people entering the term “online casino reviews” in the search engine also expect information about Bitcoin or other cryptocurrencies support. However, as it turns out, the laws of many countries limit or even prevent cryptocurrency gambling.

The government of Great Britain, in which gambling with Bitcoin is fully legal, presents a liberal approach, provided that the casino operates legally in the country. Betting sites with payments in cryptocurrencies can function there on similar principles. Penalties for non-compliance, however, amount to millions of pounds.

The very status of cryptocurrencies and their treatment by Polish law as property law means that many people give up blockchain, not wanting to expose themselves to tax problems. The situation is similar with casinos that use this technology – they probably do not end up in the first place in the rankings. It should also be remembered that you must deduct the so-called Belka tax (the same as on bank deposits). There is a petition to abolish it, but so far it seems that it cannot be counted on.

Cryptocurrency casinos work in two ways. First, they can use the help of intermediaries who exchange cryptocurrencies for local currencies. This option is easier to control by state authorities. Secondly, casinos can use special applications that allow you to perform operations directly on cryptocurrencies.

The policy of national regulators towards cryptocurrencies for gambling differs from country to country and it is difficult to set any general trend at the moment. The blockchain technology itself is so new to governments that they approach it with considerable uncertainty. Find extra details on https://kryptowaluty.expert/.

For our Polish visitors:

Nieco odmienne zjawisko obserwowane jest z kolei w Stanach Zjednoczonych, w których kasyna powoli zaczynają akceptować płatności przy użyciu kryptowalut, jednak jak na razie te działania nie przyciągają uwagi regulatorów. Trudno jednak przewidzieć, jak sytuacja będzie wyglądała za kilka miesięcy i czy kryptowaluty nie staną się tam także zakazane, podobnie jak w Japonii.

Czy w Polsce jest legalny hazard z Bitcoin? Jedyny legalny operator – TotalCasino – nie akceptuje tego typu płatności, więc odpowiedź jest jasna – nie. Oczywiście, Polacy poza granicami kraju mogą korzystać z oferty kasyn z kryptowalutami, a wiele z nich nawet oferuje strony po polsku czy obsługę walutową polskiego złotego. Przeczytaj więcej szczegółów na temat https://kryptowaluty.expert/regulacje-dotyczace-kryptohazardu-na-swiecie/.

Kryptowalutowe kasyna działają na dwa sposoby. Po pierwsze, mogą one korzystać z pomocy pośredników, którzy wymieniają kryptowaluty na lokalne waluty. Ta opcja jest łatwiejsza do kontroli przez organy państwowe. Po drugie, kasyna mogą używać specjalnych aplikacji, które pozwalają na dokonywanie operacji już bezpośrednio na kryptowalutach.

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