Exchanges and casinos block ips from the United States but everyone just uses a VPN, why even block their ips in the first place when you know they are going to do it anyways. I'm guessing they do it so they have some type of deniability?
It's not going to be popular thing to admit to, but yes, it is a form of showing regulators or authorities, in the event that these somehow get questioned, that they did have measures in place to comply. It's actually quite a strange case to me because they're not exactly compliant in any case, but it's a sort of cover their ass situation.
To be fair, the services I use who block IPs would never use that (VPN) as reason to block and confiscate.
The banning ip is just something of a precaution just to show they are doing something to prevent their citizen from playing to these casinos and trade on exchanges. If they use VPN and then complain to the government when they are scammed, the government will just say " i told you so"
And they're caught violating their laws.Not like on not doing actions because if the time comes that they would be sued out they do able to show something that they are doing things but
people do still violate and bypass on using up VPN.It isnt useless completely though.