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UK Adjudicates About Bitcoin Gambling Operators

UK Adjudicates About Bitcoin Gambling Operators

The UK Gambling Tribunal has informed bitcoin gaming workers they are not outside the legislation and that all businesses providing betting to UK residents need a permit, no matter the currency where transactions are conducted. UKGC has created to several providers clarifying that while bitcoin itself is an unregulated money, bitcoin gaming falls below the UKs gaming laws. These workers, mentioned the regulator, is providing awards of money or moneys worth to players. The bit coin websites come under the…

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