Regulating the activities of online casinos, and even using cryptocurrencies, is an extremely confusing business in a country like the USA.
It is clear that prohibitions and restrictions do not allow many players who are passionate about gambling to calmly satisfy their gaming needs. And by the way, this is a significant gap in the US legislation itself, which legislators, Congress and senators cannot properly regulate. Moreover, both in the sphere of circulation of cryptocurrencies themselves, and in the sphere of regulation of casino business and gambling in general. The real question that arises is whether these legislators will finally be able to solve these problems in the coming years. And how long will this legal chaos last, from which ordinary Americans cannot receive high-quality and safe gambling services in crypto casinos?
I think even in 10 years they will not be able to figure it out, judging by the way they regulate the status of, for example, Bitcoin.
Unfortunately. Because in this matter, legislators in other countries usually duplicate the basic rules from US legislation.
In fact it is like that, despite all those regulations and everything that the United States represents, it is something that I do not justify, in fact this has become an almost total immigration problem, because in retrospect in my country many people have left to the USA because they like it since it is a free country, which has many freedoms, but looking at it from a financial point of view it is not so free, they have many regulations for crypto, just as you say, in the casinos where my friend is involved in Stake.us and another called King that is purely with fiat money, so the USA does not even allow Binance, it is difficult, because everything has to be decentralized, those who have Crypto, Bitcoin must have their private wallets to operate, it is really difficult , so that greatly influences economic stability, for me it is very important to be able to have private financial freedom.
Definitely, the use of cryptocurrencies greatly affects your financial freedom. We should also all take into account that payments in cryptocurrency by their nature do not know borders between countries, they are inherently cross-border, which makes them a unique element of financial freedom.
But I agree that as the issuer of the world's reserve currency, the US dollar, the country itself is far from good at regulating financial freedom. And it is not particularly aimed solely at satisfying the interests of the general population and Legislative regulation of financial freedom. And in many ways there are problems in the regulation of human rights, for example in the issue of confidentiality of human data. Such an aggressive attack on the rights of cryptocurrency owners in the USA, which we have all observed in the last few years, the widespread implementation of KYC, constant AML checks, far-fetched lawsuits with a mass of business representatives in the field of cryptocurrency seriously spoil the overall image of this country as a global financial center.
This behavior of the power elites of this country in a few years will lead to their stagnation and departure from the world stage, like a financial dictator. This seems to happen if the country's legislators do not come to their senses and finally start solving the problems of ordinary people.