Good point. Crypto casinos have altered due to government oversight. The conflict between cryptocurrency anonymity and KYC regulations is this. Its complicated: anonymity attracts users, but government action is necessary to maintain order. From an online gambling expert, KYC preparation is smart gambling, not compliance. After all, you're dealing with big money. A background check is expected, not feared. Remember that crypto casinos will soon impose KYC. Being prepared now is better than being unprepared later. Alluring anonymity should not trump regulatory compliance.
That will happen from now on, as many crypto casinos have started implementing KYC on their users. But let's hope it doesn't affect the little gamblers who just want to get the fun out of gambling so they don't have to do KYC like big gamblers. If that can be maintained, I think crypto gamblers can still get their anonymity and even enjoy gambling as entertainment. And it is true that we have to be prepared for everything that can happen later so that we are not surprised and will only complain about why it happened to us. And let's hope those gamblers stick to their limits on gambling and don't use big bucks. Otherwise, they should be prepared to do KYC if asked by the casino.
Yes, eventually things can happen differently, when we play in a casino, we always have to try to know that KYC is a requirement that must be met, for everything you have to do it, now the casino that did not ask for it already do KYC, which makes it a nuisance for regular players, we have clear examples like the one on the freebitco.in site, where due to demands they have to enforce that for players, it's a shame, but these are things that happen. Now if a person uses the games of a casino and it goes well, it is his right to withdraw dsub money, I do not see that the use of the VPN implies a very harsh violation, to comply with a government? It does not seem to me, tomorrow if the government wants to take away the concession of the site and leave it there with nothing to do, then do you have loyalty to your clients or to a government? I think that if a player is already with a KYC and plays from a site x, they can do their reitr without complaints, I don't see suspicious activity there, because suspicious activity is making an exploit or having won thanks to a vulnerability in the game, and that It's something that rarely happens, that's why I think a player who has complied with his kyc and wants to play from another place can do it with or without KYC.
We all know that a government is the one that makes preventive measures so that currencies can be controlled more through casinos and it is something that cannot be left to what anyone wants, when it comes to KYC it is a total nuisance , even for people who do not stop or give it importance that they follow them, or that the government, banks and third parties know that they interact with crypto, what is more angry is that these people reject their KYC and demand many documents, They are practically new, and the ones that annoy the most are those that say that they are valid for 3 months, that is the bad thing and what should be avoided, anyway they have to be withdrawn, or something like that. As long as they are withdrawals, it is to withdraw money.
KYC has now become an obligation, especially for big players who gamble frequently. However, many of them reject it because they feel that they are gambling at a crypto casino and a crypto casino means there is anonymity while they play. But the reality is that casinos also have to comply with government regulations so they apply KYC to their customers. Customers can see that KYC is still applied to big players or players suspected of carrying out suspicious activities so casinos feel the need to ask them to carry out KYC. And that's what causes many gamblers to complain and don't want to do KYC. It's a choice and they don't have to do it if they don't want to but there are consequences if they don't want to do KYC. They are worried that after doing KYC later, they will still be asked to do other verifications but if they don't do something that the casino suspects, they will not be asked to do other verifications. And they can even make large transactions smoothly.
That is why each user must be able to choose a casino that makes them comfortable even when gambling at the casino so that they will not mind if asked to do KYC by the casino. They will not consider this a nuisance but rather as one of the facilities provided by the casino so that they can transact with big money. We know that the gambling business is a business with a lot of money and the turnover of the money is very fast so casinos want to make sure that their members don't get involved in illegal activities. And that makes casinos comply with government regulations by asking their customers to do KYC.
Yes, in fact the regulations are what produce the KYC that is so annoying, I sometimes have no problems with complying with the KYC, only if it bothers me when the KYC must be fulfilled for the levels of money that must be repeated, between a The higher the time they ask for more things, then the KYC verifications should be like in the brokers where you only do one verification and it is done quickly, it doesn't take as long to verify the documents, I don't know if they use AI to verify or something like that, but usually the people who They comply with the KYC, it doesn't take long, well I can't say much about the casinos where I play, normally I haven't had any problems with withdrawals and withdrawals are eventually the ones that can limit us with the KYC, because it is known that if or If the KYC must be done to be able to withdraw the money.
I have said something many times, and it is that I would really like it if they could make a deposit, that before depositing the KYC is required so that they can do it, why? because this is the only way that they no longer bother when it comes to withdrawing, and put the conditions as they are, for example, if a withdrawal goes from an amount x to an amount and so on with the withdrawal levels , so although it may sound strange if they do something like that I'm not saying that some players will leave, and not enter the caisn, but at least the casino is being honest and that is also valued, and with that They avoid all this type of drama that you cannot withdraw money because you do not comply with the KYC.
When we do other types of things, it is possible that when everything is ready to withdraw and the KYC is complete, they can ask for another simple KYC, just to see if the person who is in the casino is the Correct one and is not someone else who entered to play , that can be a level of Security that is Applied a lot in exchanges , it is very common to do it , Although sometimes it Turns out to be Something tedious, that even a 3 or 4 Second video is Done.