Post
Topic
Board Gambling
Re: chinese bookmakers with tf gaming platform NO KYC
by
ethereumhunter
on 26/02/2023, 11:09:34 UTC
When I first started learning about cryptocurrencies, I was involved in a privacy and anonymity cryptocurrency project, at the time it had nothing to do with casinos, it was just a cryptocurrency but privacy and anonymity meant everything to that great community. The casinos that exist now, the thing is different because they should guarantee privacy and anonymity but it is not like that, I can only imagine the people of that time when they see the KYC requirements of the casinos, they simply will not play, and I understand them, that community It is the one that new casinos have to attract, but to bring them there must be no KYC.
Currently, some casinos must implement KYC for their members, especially those who frequently use large sums of money to gamble. This is to ensure that the user is not someone who gambles using money derived from illegal activities and the casino wants to know who the people are playing for big money. KYC has become necessary for many websites, including gambling and exchanges because the government has entered into the crypto circle and noticed large transactions on exchanges or in gambling. We don't know if the tax that the government will apply to everyone who uses crypto will increase because of the profit factor people get.