Quote from: vabchgent on May 25, 2018, 04:09:39 PM

Quote from: CashBet Coin on May 18, 2018, 04:56:05 PM

Quote from: vabchgent on May 18, 2018, 03:00:49 PM

Quote from: CashBet Coin on May 18, 2018, 02:34:15 PM

Quote from: vabchgent on May 17, 2018, 10:03:22 PM

So will Cashbet be a crypto-only platform or will it also be offering any fiat deposit options?

The CashBet Platform will continue to accept fiat deposits for gameplay as it does today!

Oh ok and where is CashBet incorporated and licensed? Are there areas that are restricted from participating in your betting offers?

CashBet is fully licenced by the worlds most reputable online gaming jurisdictions: the Alderney Gambling Control Commission (AGCC licence numbers 116c1 & 116c2) and the UK Gambling Commission (UKGC licence number 39620). These jurisdictions impose a high level of oversight to ensure a superior player experience that is both fun and responsible. Our UKGC license covers crypto gambling and allows us to operate a remote casino. You can read more about that here (http://www.gamblingcommission.gov.uk/for-the-public/Safer-gambling/Consumer-guides/Gambling-with-digital-and-virtual-currencies.aspx). We are also in process to obtain an Isle of Man license, which will also cover crypto gambling.

The following areas are restricted from real-money gambling on our platform: Belgium, Bulgaria, China, Denmark, Estonia, France and French Territories, Greece, Hong Kong, Hungary, Italy, Philippines, Romania, Singapore, South Africa, Spain, Turkey, United States of America, US Minor Outlying Areas, US Virgin Islands, Syria, Iran, North Korea.

However, it's important to note that in addition to its utility for legal online gambling, CashBet Coin can also be used to make purchases in non-gambling social casinos. For instance, CashBet has recently struck and agreement with game provider Greentube, to allow CashBet Coin to be used as a payment method on their Gametwist non-gambling sites. In this way, CashBet Coin will be able to be used worldwide across social casinos.

Thank you for all the info. As for the restricted areas, is that something you have an influence on by getting licensed even further or are these countries restricted from gambling per se? I was wondering about France and Italy for example. Never really heard they aren't allowed to gamble, but I am not really into this topic.

Some of the countries, like France, Italy, Bulgaria, and Estonia require additional in-country licensing to legally offer online gambling. In other countries, such as China, US, and Turkey, it is strictly illegal.