Post
Topic
Board Gambling
Re: Stake lvl 2 verification
by
freedomgo
on 23/11/2024, 11:58:04 UTC
Also, KYC does help prevent crimes, but it is also used to commit crimes(Private information spread online, Casinos using it as a stalling tactic etc) which is why it's a double edged sword. Think!
There are two sides to its effect, but the positive side will eventually win out. Like it or not, the growing adoption of crypto casinos will naturally lead to stricter laws. But let’s not generalize by saying all casinos use this as a stalling tactic. Not all of them do, and those that are guilty can be penalized if regulators catch them. That’s why it’s important to report any shady practices to the authorities. Regulations exist not just to control the industry but also to protect gamblers, which is a win for everyone.