Re: Information of Crypto Casinos License and KYC requirements
It is absolutely true that it is written above that passing KYC can cause problems, and if KYC is not required, then this can also cause problems. In short, it turns out that in any case there may be problems for the gamers. And there are only two problems:
1. There is no way to get the winnings if KYC has not passed
2. If you winnings and you have passed KYC then it fell under the control of the tax service and apparently will have to be divided- part government
. But this is in good countries where there are no gangs of extortionists. And in bad countries, with high crime, everything can be taken away. So whatever one may say this damn KYC is nothing but problems. And what bastard came up with it and now demands it everywhere?
The reason why this is so common place is that politicians fear their citizens, and they do for one simple reason, they do not serve them anymore, and as such most of their policies can be explained by understanding that fear.1. There is no way to get the winnings if KYC has not passed
2. If you winnings and you have passed KYC then it fell under the control of the tax service and apparently will have to be divided- part government
. But this is in good countries where there are no gangs of extortionists. And in bad countries, with high crime, everything can be taken away. So whatever one may say this damn KYC is nothing but problems. And what bastard came up with it and now demands it everywhere?Why they try to regulate cryptocurrencies so much? Because they do not want people to have the freedom to do whatever they want with their money as that will weaken the control they have over them, and they are scared of that, so casinos and exchanges are always on their radar and as such slowly but surely they have accomplished their goal of most licensed casinos asking for your documents for whatever reason.