Quote from: Jating on Today at 10:56:53 AM

Quote from: Blawpaw on Today at 10:45:53 AM

Quote from: Z390 on October 09, 2022, 03:13:02 PM

When regulation takes a hit on crypto prob in few years from now what will happen to gambling projects like Roobet and others? I've discovered one gambling project claiming to be regulated but there is nothing to prove that, anyway, can regulation affects gambling projects in future that's all I seek.

Regulation will come sooner or later because governments dont want to be left behind and loose the chance of getting money. Governments are only here to make our lives difficult, that is all they are worth for. Its a bit like cryptos, in the begining it was not regulated, now they running after crypto legislation as they dont want to miss on profits

It's already here mate, I think it has been since 2018 if I'm not mistaken. It was just evident in the last couple of years. It started when regulators look for crypto exchanges and then mandated they to have KYC/AML.

And then it followed by crypto based online casino. It's that some of them are still very adamant to apply it to their users because they know there will be an uproar. Nevertheless they will have to follow what the regulators are mandated so definitely it will have to happen sooner than later.

Yeah, its already here, but for instance, I live in Portugal, and regulation here is still in a deadlock. They have already something built that will be under way next year perhaps. Menahwhile, we are already demanded to KYC ou crypto accounts but things are still being discussed. In general, Portugal will adopt European Legislation criteria.