I’m just curious what will be the fate of crypto casino once money laundering activity from mixer will jump to casino now that mixer will not be advertised here which means it has less exposure. Is there any possibility that crypto casino will be seized by the government just like what happened to mixers in case they failed to screen the laundering activity?
This is a very serious issue for all the gambling sites. This will be very challenging for the casinos, especially the ones that claim to be no-KYC casinos. I have seen many casinos have already started the adaptation. They have implemented wagering requirements if you just deposit money and do withdrawals. For now this rule is doing almost most of the jobs. The real legit users are sometimes facing problems due to this. As we sometimes use the casino’s wallet in case of emergency, now we are suffering with the wagering requirements.