Topic: Are Bitcoin Casinos Legal ? - page 2. (Read 936 times)
yes legal They are basically licensed most commonly under the carribean island of Curacao which gives easy licenses on online gambling casinos,
Any gambling in places where there is no permit is considered illegal no matter what real money or crypto currency is at stake.
I was searching all over the internet and could not find the answer.
Are crypto casinos legal ?
Do they need a license ?
Are US and China citizens allowed to play in that casinos ?
I'm talking about casinos that accept only cryptocurrencies. (No fiat money)
Are crypto casinos legal ?
Do they need a license ?
Are US and China citizens allowed to play in that casinos ?
I'm talking about casinos that accept only cryptocurrencies. (No fiat money)
The internet I have come to agree that it does not have all the answers or say the section of the internet we have access to does not have all the answers. When it comes to the legality of crypto denominated gambling, I think a visit to the gambling section of the forum would provide answers and focus should only be on those sites that have been in existence for long and are big enough to have legal troubles and how they deal with it. There is equally a thread on the economic of gambling on a country but with more pressing, he could give a report on crypto specific. I know some obtains license from some countries which gives them the legality to operate. For US and China citizens, they are restricted to participate in ICOs, the same reason why they are also not allowed to participate on crypto gambling sites.
Can it then be said that so long as the presence and operation of casinos in a country is legal = crypto casinos are also legal? If the use of crypto is immaterial to the legality of a casino, then the legality of casinos itself in the country should be looked into. It’s likely that if there’s a ban of crypto in the country, then putting up a casino which operates on crypto will be illegal as well.
That should generally be the case unless there are crypto-specific regulations in place. For example, gambling may be legal in some countries where Bitcoin is illegal, so Bitcoin casinos themselves are going to be illegal. There may also be some countries whose gambling laws revolve around bets themselves, so their legality would hinge on that.
The reverse is just much safer to assume: that if casinos are illegal, Bitcoin casinos are also illegal.
I'd like to note that a casino operating in Bitcoin rather than fiat likely has little to do with the matter. US gambling laws, for one, revolve around gambling itself, not the USD you gamble with.
But yeah there are conflicting views on the internet regarding online gambling in the US, but it seems like most of the confusion arise from online casinos themselves operating, not residents betting on them. If you want to set up your own casino, it's best to consult with an actual lawyer because of strict US rules. If you just want to play, you should be free to do so without any legal repercussions.
Gambling is outright illegal in mainland China and I would think that Bitcoin casinos fall under that.
But yeah there are conflicting views on the internet regarding online gambling in the US, but it seems like most of the confusion arise from online casinos themselves operating, not residents betting on them. If you want to set up your own casino, it's best to consult with an actual lawyer because of strict US rules. If you just want to play, you should be free to do so without any legal repercussions.
Gambling is outright illegal in mainland China and I would think that Bitcoin casinos fall under that.
Can it then be said that so long as the presence and operation of casinos in a country is legal = crypto casinos are also legal? If the use of crypto is immaterial to the legality of a casino, then the legality of casinos itself in the country should be looked into. It’s likely that if there’s a ban of crypto in the country, then putting up a casino which operates on crypto will be illegal as well.
I'd like to note that a casino operating in Bitcoin rather than fiat likely has little to do with the matter. US gambling laws, for one, revolve around gambling itself, not the USD you gamble with.
But yeah there are conflicting views on the internet regarding online gambling in the US, but it seems like most of the confusion arise from online casinos themselves operating, not residents betting on them. If you want to set up your own casino, it's best to consult with an actual lawyer because of strict US rules. If you just want to play, you should be free to do so without any legal repercussions.
Gambling is outright illegal in mainland China and I would think that Bitcoin casinos fall under that.
But yeah there are conflicting views on the internet regarding online gambling in the US, but it seems like most of the confusion arise from online casinos themselves operating, not residents betting on them. If you want to set up your own casino, it's best to consult with an actual lawyer because of strict US rules. If you just want to play, you should be free to do so without any legal repercussions.
Gambling is outright illegal in mainland China and I would think that Bitcoin casinos fall under that.
Casino is a gamble, and gambling should be banned for people, because they do not know when to stop.
Every country have their own policy against casino.
My government forbid gambling activity so they are consider illegal. As the impact that our people still less interest on cryptocurrency especially when BitHumb incident is happening right now !
My government forbid gambling activity so they are consider illegal. As the impact that our people still less interest on cryptocurrency especially when BitHumb incident is happening right now !
Asking whether bitcoin casinos are legal is like asking whether is cannabis legal or not. Well, it depends on the specific laws of your country. If your country requires licences for them to run and to comply with anti-money laundering and know your customer laws and they don't then they're probably not technically legal or allowed to operate in that jurisdiction. I would check your own countries laws and what they require for an online gambling business to operate because nobody can give you a concrete answer without knowing where you reside.
the legal side of bitcoin gambling can be on your side. In certain situations bitcoin gambling sites are completely legitimate to operate and participate.So, if in your place bitcoin is legal then yes you can operate gambling site and have licensed to operate.
Some countries not having a law regarding cryptocurrency so they are free to used bitcoin and casino site mostly they used digital money or bitcoin as betting money because it is convenience to used like paper money.
Asking whether bitcoin casinos are legal is like asking whether is cannabis legal or not. Well, it depends on the specific laws of your country. If your country requires licences for them to run and to comply with anti-money laundering and know your customer laws and they don't then they're probably not technically legal or allowed to operate in that jurisdiction. I would check your own countries laws and what they require for an online gambling business to operate because nobody can give you a concrete answer without knowing where you reside.
the legal side of bitcoin gambling can be on your side. In certain situations bitcoin gambling sites are completely legitimate to operate and participate. 
I believe it is legal when they possess license to operate consider it illegal when they possess none. Maybe after the government crackdown exchanges crypto Casinos could be next to their list.
I guess it's better to check out the restrictions regarding this in each country you are interested in. The cases differ.
What you have to consider pivotally is whether bitcoin itself is legal in the jurisdiction you are leaving. If it is legal, then the next point you also check is whether casinos are allowed operation too because so many countries like the Muslim countries are not really into it. So the legality is not only about the casino but the means of financial payment.
I was searching all over the internet and could not find the answer.
Are crypto casinos legal ?
Do they need a license ?
Are US and China citizens allowed to play in that casinos ?
I'm talking about casinos that accept only cryptocurrencies. (No fiat money)
Are crypto casinos legal ?
Do they need a license ?
Are US and China citizens allowed to play in that casinos ?
I'm talking about casinos that accept only cryptocurrencies. (No fiat money)
I think there is no such thing as Bitcoin Casino, but I guess there are casinos that accept Bitcoin and other cryptos as payment if the country where they're located allows the use of bitcoin in any transactions meaning bitcoin status is legal.
But the legality of Bitcoin casino depends on every country's regulation and of course they do need some licenses to operate.
Though Bitcoin and Fiat currency are needed in any online casino.
I was searching all over the internet and could not find the answer.
Are crypto casinos legal ?
Do they need a license ?
Are US and China citizens allowed to play in that casinos ?
I'm talking about casinos that accept only cryptocurrencies. (No fiat money)
Are crypto casinos legal ?
Do they need a license ?
Are US and China citizens allowed to play in that casinos ?
I'm talking about casinos that accept only cryptocurrencies. (No fiat money)
I think there is no such thing as Bitcoin Casino, but I guess there are casinos that accept Bitcoin and other cryptos as payment if the country where they're located allows the use of bitcoin in any transactions meaning bitcoin status is legal.
Every government have their policy against casino and cryptocurrency.
Since my government forbid both of them, they are consider as illegal !
But as I know, as long as they can operating, it means that their operation consider as legal one !
Since my government forbid both of them, they are consider as illegal !
But as I know, as long as they can operating, it means that their operation consider as legal one !
I was searching all over the internet and could not find the answer.
Are crypto casinos legal ?
Do they need a license ?
Are US and China citizens allowed to play in that casinos ?
I'm talking about casinos that accept only cryptocurrencies. (No fiat money)
This post belongs to this board yet it do talks about online gambling: https://bitcointalk.org/index.php?board=228.0Are crypto casinos legal ?
Do they need a license ?
Are US and China citizens allowed to play in that casinos ?
I'm talking about casinos that accept only cryptocurrencies. (No fiat money)
Crypto casinos legal? Yes, for those businesses that do have licenses and for those who havent then you do know the answer. For me they do need license because as a player this would somehow gives us the confidence to trust up the site incase if there are any problems towards the site. Country restriction would always vary on sites decision on what laws are they following to.
Not legal. I assume you live in the Islamic state. Oh... you are in Las Vegas.? Then totally legal.
It depends on the country you're in. You may need to either get an online license or run it straight off. So i'd defo start by looking into the legal binding if any for the country or territories you're thinking to cover
You can go directly to the top cryptocurrency online gambling site and read the details about it, if you can gamble on that site then I see no problem at all. Some gambling site may not be suitable to you for some reason or maybe because of yout nationality, gambling site is legal as long as they operate in a country and their business is registered. I was searching all over the internet and could not find the answer.
Are crypto casinos legal ?
Do they need a license ?
Are US and China citizens allowed to play in that casinos ?
I'm talking about casinos that accept only cryptocurrencies. (No fiat money)
All citizens can play in the casino. Even if the country is forbidden to gamble, anyone can use a vpn to access any site. In order to determine the loyalty of the legislation you need to see in which countries the existing casinos are registered and learn from the licensing and taxation terms. Are crypto casinos legal ?
Do they need a license ?
Are US and China citizens allowed to play in that casinos ?
I'm talking about casinos that accept only cryptocurrencies. (No fiat money)
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