Post
Topic
Board Gambling
Re: risk of kyc on crypto casinos ?
by
coupable
on 01/07/2022, 23:46:29 UTC
Aside from scam casinos, which will invoke identity procedures in order not to give gamblers their profits, even honest gambling sites are not in their interest to spend huge bonuses to gamblers without verifying their identities due to reasons mainly related to the legal legislation in the countries in which they launch their projects.
Identity verification procedures, although not recommended at all for users, may be useful to them if they use sites that disclose their activities to the relevant authorities.