Post
Topic
Board Bitcoin Discussion
Re: How long until BTC gambling sides are shut down?
by
DeathAndTaxes
on 11/12/2013, 20:47:11 UTC
It's impossible to block U.S. players who want to gamble using Bitcoin. U.S. regulation on gambling is at a bank level. The popularity of Bitcoin gambling definitely stems a lot from the fact that U.S. gamblers cannot use their U.S. banks and debit cards to online gamble. There is also somewhat of a gray area in general as banks and traditional financial networks are not involved in Bitcoin gambling sites, just as taxation is still undefined for many.

I don't want to do it =/= impossible.

If you verified your customers are non-US then you would be compliant with US laws.  If you don't claiming it is "impossible" won't be a defense.  Not wanting to verify your customers to comply with US laws doesn't make it impossible.