Post
Topic
Board Legal
Re: Legality of BTC gambling sites in regulated countries.
by
Yuhee
on 10/10/2017, 01:23:45 UTC
Nowadays there are a few countries where online gambling is regulated and people from that country can only play on regulated sites. For example, in Spain you can only play in .es sites, like pokestars.es, bwin.es and so on. If you are from France you can only play in .fr sites, like pokerstars.es. In Italy, you can only play in .it sites, and so on.

That is when we talk about FIAT but I have been trying to find info about the legality of playing in bitcoin sites if you are from one of those countries but I can’t find any clear information.

There seems to be a loophole.

Any of you know anything about it?


Different countries with their different rules over here, gambling sites are regulated and granted license to operate and that is why they adverstise openly with so much effrontery and I think for online bitcoin platform, we hide under the shadow of that and since we have to be online to play that too, that does not stop us from using bitcoin enabled sites. Also, there are other bitcoin sites that uses .com domain names while our local betting site also uses the same thing. This gave the opportunity that is not found in other advanced countries that try every means to regulate.

I think it is the same with us but bitcoin is not strictly prohibited nor supported fully by our government. Our president once stated that he will remove online gambling sites because most are deemed scams or phishing company. I would agree with him but this issue is not being faced fully because of some legislative issue trying to take down each other. Most gambling sites that i know outside my country sometimes ends in .com and .io. But so far I just use freebies to bet.