When this has reached a critical mass in dollar terms, then of course the government will become interested in this issue. Another thing is that each country has its own regulation and some do not have clear rules, so this business will either choose where these rules exist and pay taxes, or register in a country where there is no clear regulation and will be at risk of closure. To be honest, I don’t like the 2nd option, but there are also quite a lot of such casinos, but it’s better for them not to scale because if there is a fall, it will be very loud.
If I were asked this question about a license, I would answer that it has the characteristics of money, but is not money. The casino functions very well and works with Bitcoin and other cryptocurrencies, it turns out that everything works here like clockwork, except taxes. We come to the conclusion that this needs to be regulated in some special way.
Like now, Bitcoin has become more famous than it was a few years ago. The government has become increasingly interested in this, and this has been proven by the creation of laws that control crypto users. Many countries have created laws to regulate crypto.
Some governments have also implemented taxes on their citizens who use crypto. This will be further enhanced as crypto becomes more popular in the future. If the government doesn't do it now, they will lose their source of income from crypto.
Later, we will look at other regulations regarding crypto, including Bitcoin. So let's just enjoy this journey while we gamble using crypto
