U.K. Gambling Commission will add Bitcoin to its list of accepted payments methods

posted almost 6 years ago
The Gambling Commission of Great Britain decided to add BTC to its list of accepted payments methods as of October 31, 2016. The Gambling Commission’s decision could be paving the way for Bitcoin and mixed fiat iGaming operators.

It will be possible to receive a payout in Bitcoin as a player or an affiliate and convert it instantly into the fiat currency of choice, meaning you don’t even need a Bitcoin wallet or knowledge of how Bitcoin works in order to use it.

Bitcoin-only casinos successfully operating in unregulated markets have provided the perfect “testing ground” for the appetite in the iGaming market and have served a great purpose for the industry.
Tags: news, bitcoin