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Curacao's New Gambling Development Will Allow Cryptocurrency Payments

Curacao's New Gambling Development Will Allow Cryptocurrency Payments

2022/12/16

According to reports, the government of Curacao will start taking strict measures against cryptocurrency casinos no later than the second quarter of 2023. The news is about a new regulatory regime targeting gambling sites that support cryptocurrency payments. Strengthening security means introducing KYC and responsible gambling policies, as well as complicating money transfers. Deposits and withdrawals will be made with more careful consideration. Due to the mandatory checks performed by all KYC-compliant casino sites, withdrawal times will increase.

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