UK Gambling Commission Issues Warning on Bitcoin Gaming
The UK Gambling Commission will be stepping up its efforts to regulate online gambling, as it issued a warning to bitcoin gaming operators to get the necessary licenses or face penalties. The commission stressed that regulations require gambling websites that offer services in the UK to have a license regardless of the currency it uses. "We wrote to these operators because they were either advertising gambling illegally or illegally offering gambling products to consumers or both," said UKGC CEO Jenny Williams. "The Commission neither prohibits nor encourages bitcoin. We are interested....
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