Post
Topic
Board Gambling
Re: Cloudbet | Bitcoin Casino & Sportsbook | The No.1 Bitcoin Gambling Site
by
JollyGood
on 20/09/2018, 21:51:42 UTC
@game-protect

I see you did not answer. As mentioned nothing surprises me about what you write but for what it is worth Cloudbet and all online crypto casinos are under zero obligation to obtain KYC because they are dealing in crypto and not with FIAT.
Why should I answer to your trading questings while I speak about online crypto currency casinos?

Also, how is FIAT related to Fraudbet? Do they take FIAT deposits?

I have better things to do than answering all nonsense questions on bitcointalk. Wink

Go back in the thread, I never mentioned Fraudbet (no idea what it is anyway)

The point is as long as you have non-FIAT online gambling website then there is no need for a licence if you register in Costa Rica and there is no KYC requirement there.

If all transactions taking place are simply crypto (not using FIAT) then there are plenty of jurisdictions around the world where AML/KYC on those websites is not necessary or mandatory and in several cases a gambling licence is not needed either.