Quote from: Oshosondy on January 23, 2023, 09:47:36 PM

Quote from: Silberman on January 23, 2023, 08:21:36 PM

If those new regulations are passed they will affect not only fiat casinos but cryptocurrency casinos will have to eventually follow them as well, do you agree with this idea? Would you like to see casinos to be fined more often for the practice of only asking for personal information from winning gamblers or do you think this will have a harmful effect on their finances?

For KYC casinos, it would be good if people that are signing up should do KYC before they can deposit.

It is a very good idea but it would be good for punters to always read casino ToS before they register and they should provide necessary documents for KYC, they should do KYC before they deposit.

Many gambling sites are doing this to cheat their customers, it is common everywhere.

It is good idea too but many feels its too much to give their KYC details for like they want to try the casino with small amount and in future they will actually play there or not that is why casinos usually ask for KYC when the withdrawal request comes for big amounts, and of course casinos maybe using this as a tool to stop paying the actual winnings from their customer on many cases.

However if they make some regulations and make the KYC as mandatory even for the deposit then it won't really affect at all for the casino either its fiat or crypto but clear lot of confusion and wrong accusations against them.