Post
Topic
Board Gambling discussion
Re: Anonymity is no longer a benefit of gambling with cryptocurrency.
by
carlfebz2
on 26/02/2024, 11:31:14 UTC
I've been investing in Bitcoin for quite some time and have seen how the landscape of crypto gambling has evolved. You're not wrong; the introduction of KYC (Know Your Customer) verification processes in most crypto casinos has indeed eroded the anonymity that was once a key appeal of using cryptocurrency for gambling. This change reflects a broader trend towards regulation and transparency in the crypto space to combat fraud and illegal activities.
Well, there's no such thing about lasting up like forever or something that cant be changed. We do know that government wont really be stopping until they would really be able to have a good grasps
into those things which cant be controlled including crypto of course.Its true that the main reason on why gambling industry in crypto did boom up due into that anonymity but just as anticipated then
sooner on later years where these companies did really ends up on having those kind of following some regulation. Whereas, it would really be that mainly why demand did increase up due to that
but now we do have those changes and there's nothing we can do. So far we do have that still those casinos existing that wont requiring KYC not until on the time that you do hit up
the threshold.  Cheesy