As the popularity of online gambling and cryptocurrency continues to grow, it’s no surprise that the two industries are intersecting. However, the regulatory landscape for cryptocurrencies and online gambling varies significantly by country and can dramatically impact the industry. In this article, we’ll explore the effects of cryptocurrency regulations on online gambling and what the future may hold.
Cryptocurrencies and Online Gambling: A Match Made in Heaven?
Cryptocurrencies and online gambling share some similarities. They are both relatively new industries that are largely unregulated. This lack of regulation has led to the rise of illegal and unlicensed online gambling sites, which often use cryptocurrencies as a way to facilitate transactions.