Quote from: Mahdirakib on July 17, 2023, 07:40:39 PM

FreeBitco.in is no longer a KYC free casino

Freebitco was known as a KYC free casino since it was created. But recently they have changed their terms. Now there are a lot of rules in the new terms of Freebitco. They have applied restricted jurisdiction rules as well. Based on this rule, a user shouldn't use FreeBitco.in if he/she is physically located in those restricted countries. Even they have added possible identity verification rules.

I believe that most of the forum members have an account on FreeBitco. Don't forget to read their new Terms. Based on the new terms of Freebitco, the website is owned and operated by "FBC BV". Perhaps, they have registered a licence under Curacao (I'm not sure about this yet).

You may follow this thread to get updates about the casinos License and KYC requirements: Information of Crypto Casinos License and KYC requirements.

Note: This topic is self-moderated in order to avoid gambling board spammers. Don't make off-topic discussions, and avoid spamming here.

I have been using this platform for generating some free satoshis in 2017 and they have never for once talk about implementing KYC verification, now that they have introduced verification it will stand as a eye opener for those who still think that a betting platform can go on a long term success without getting regulated.

As far as I can tell, it is impossible, unless you choose to be a unsuccessful online casino or betting platform, the more you grow higher every year the more attentions will be diverted to your platform, you will be forced to comply, and the users won't have a choice too.

Regulatory challenges is finally catching up, I know that many will still find some excuses for this but it is the truth, there are things the team of freebitco can't tell their users, and for someone like myself, I can see that its impossible to stay a verification free platform when running a casino or betting platform, take it or leave it.