Topic: Do i need a license if i want to create a crypto gambling site? - page 5. (Read 1111 times)
August 03, 2018, 01:54:25 PM
The license to make a gambling site I feel is very necessary to guarantee legality and convince many people if your gambling site is already registered. But for crypto gambling sites I don't think you need that but it would be better to have the right license. Because after all gambling is an activity that not many countries agree to.
August 03, 2018, 01:39:28 PM
Licenses are needed on gambling sites, at least it will give confidence to customers around the world that the site you are running is a trusted and very safe site, getting recognition from the central leadership in controlling gambling in other words is legal in your country of residence.
Of course, most of them make permits for the government and get obstacles that take a long time to process everything, there are other goals in it.
If we think rationally, it's require somekind of license so just make sure that you have observe and maybe you can try to ask the government or other institution about crypto gambling license.
For what I heard, it's kindda difficult !
For what I heard, it's kindda difficult !
Of course, most of them make permits for the government and get obstacles that take a long time to process everything, there are other goals in it.
August 03, 2018, 12:50:25 PM
If we think rationally, it's require somekind of license so just make sure that you have observe and maybe you can try to ask the government or other institution about crypto gambling license.
For what I heard, it's kindda difficult !
For what I heard, it's kindda difficult !
August 03, 2018, 11:34:22 AM
You don't have to take licence according to you're customers but you have to take licence from where you are going to start the gambling business. You have to first check that whether your country support the gambling and it is legal to run it, then only you will need the license to run you're gambling business online of live both.
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August 03, 2018, 11:22:58 AM
I think you'd better reach out to a lawyer who's specialized in this sort of legislation.
The chance that you will get a decent answer from this forum is pretty minimal and if you're going to start a gambling website, I would assume that you have enough capital to pay for a consult.
I think it might be possible to start a gambling website without a license, but I have no idea what the specifics would have to be in order to do so.
I totally accept what you said since we don't know the residing country of the OP in other to find the best suited solution for the question he/she asked. The best thing he/she can do is to contact a cryptocurrency legal professional not just a lawyer that don't understand or have knowledge of cryptocurrency. The chance that you will get a decent answer from this forum is pretty minimal and if you're going to start a gambling website, I would assume that you have enough capital to pay for a consult.
I think it might be possible to start a gambling website without a license, but I have no idea what the specifics would have to be in order to do so.
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August 03, 2018, 09:14:55 AM
maybe in the UK needs a license to create a gambling site but it still hard to track the site as to register a domain and hosting, we can hiding the real address of the owner. I think your visitor is not just come from the UK but from the other country and if they think that your site is good enough then maybe they will stay at your site. but I think it is better if you ask about the license in your country but I don't know from where you need to start because I don't have the experience for creating a gambling site before.
I think you'd better reach out to a lawyer who's specialized in this sort of legislation.
The chance that you will get a decent answer from this forum is pretty minimal and if you're going to start a gambling website, I would assume that you have enough capital to pay for a consult.
I think it might be possible to start a gambling website without a license, but I have no idea what the specifics would have to be in order to do so.
The chance that you will get a decent answer from this forum is pretty minimal and if you're going to start a gambling website, I would assume that you have enough capital to pay for a consult.
I think it might be possible to start a gambling website without a license, but I have no idea what the specifics would have to be in order to do so.
Of course you need a license if you really want your gamble site to gain high traffic and more user trust but it will be more nice if you can get a UK license since you're targeting the UK customer because some countries from Europe have already implemented blocking through local ISPs to circumvent traffic away from internationally operating and unlicensed gambling websites. If you can't get the UK license try another respected crypto friendly country license.
If i wanted to create a crypto gambling site would i need to get a license in the countries where my customers would come from?
as in if i targeted people in the UK would i need a UK license?
or is the crypto space exempt from the licensing as it's not "fiat"
and if a licence is needed would i need one for each country i want my site to be used in or just one in general?
i realize this might be a nooby question but i wanted to ask as i don't know much about the legal side of the gambling scene.
I don't think you need license from all over the world where the customers from,it will be enough if you got license where you are from and which maybe to clarify the legal status of gambling in your country and I don't think we have specific license for the crypto gambling sites. as in if i targeted people in the UK would i need a UK license?
or is the crypto space exempt from the licensing as it's not "fiat"
and if a licence is needed would i need one for each country i want my site to be used in or just one in general?
i realize this might be a nooby question but i wanted to ask as i don't know much about the legal side of the gambling scene.
That depends on the residence, from where you want to offer your gambling site. Europe for example has strict regularities for gambling based services.
You may ask also in this thread.
https://bitcointalk.org/index.php?board=74.0
There was also an attourney with his thread, who answered such kinds of questions. I don't know, whether he is still active. If I will find his thread again, I will update this post.
Anyways, it is very hard to offer such service without solid background of knowledge about regularities, taxation etc.
You may ask also in this thread.
https://bitcointalk.org/index.php?board=74.0
There was also an attourney with his thread, who answered such kinds of questions. I don't know, whether he is still active. If I will find his thread again, I will update this post.
Anyways, it is very hard to offer such service without solid background of knowledge about regularities, taxation etc.
If i wanted to create a crypto gambling site would i need to get a license in the countries where my customers would come from?
as in if i targeted people in the UK would i need a UK license?
or is the crypto space exempt from the licensing as it's not "fiat"
You are correct. Since the payment in your casino will involve cryptocurrency which isn't regulated by banks you don't need a license for that. as in if i targeted people in the UK would i need a UK license?
or is the crypto space exempt from the licensing as it's not "fiat"
I may have read somewhere tho that you need to have a license if you are operating with the biggest casino softwares.
Also imo it is important to consider getting an online casino license to ensure safety for both the operator and the customers.
Afaik the only casino I know that is licensed is Bitcasino.io. It's the one I have in my signature. You may want to check it out.
Yes license is really need because if you don't have that of course no one will trust you,My country wallet have license by the government even we don't regulate this and government not recommend bitcoin here because this is good for economy even there's no assurance here in crypto i think many wallets,trading site and gambling site are need license so if they scam or hack us we can easily trace them where they are
If i wanted to create a crypto gambling site would i need to get a license in the countries where my customers would come from?
as in if i targeted people in the UK would i need a UK license?
or is the crypto space exempt from the licensing as it's not "fiat"
and if a licence is needed would i need one for each country i want my site to be used in or just one in general?
i realize this might be a nooby question but i wanted to ask as i don't know much about the legal side of the gambling scene.
as in if i targeted people in the UK would i need a UK license?
or is the crypto space exempt from the licensing as it's not "fiat"
and if a licence is needed would i need one for each country i want my site to be used in or just one in general?
i realize this might be a nooby question but i wanted to ask as i don't know much about the legal side of the gambling scene.
First of all, I don`t think that this thread should be on the Serious Discussion board. To that end, you have the Gambling discussion or the Legal one. Besides, there are already threads related to your question like this one: https://bitcointalk.org/index.php?topic=863492.60
In my experience, you can get the license depending on where you are hosting your casino.
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Something which is online is hard to track where the customers are coming from unless you set a geographical exceptions like - only the UK customers can visit your website. In that case having an UK license is easy. Have a look on here: https://www.gov.uk/set-up-business
No matter you set geographical exceptions or not having a business license actually secure your personal asset if anything goes wrong with your business and if you had to liquidate it in future. The law can be different for countries so I suggest to check with your local lawyers who knows about online and crypto industry. You probably end up finding them online if you know where to look.
If i wanted to create a crypto gambling site would i need to get a license in the countries where my customers would come from?
as in if i targeted people in the UK would i need a UK license?
or is the crypto space exempt from the licensing as it's not "fiat"
and if a licence is needed would i need one for each country i want my site to be used in or just one in general?
i realize this might be a nooby question but i wanted to ask as i don't know much about the legal side of the gambling scene.
as in if i targeted people in the UK would i need a UK license?
or is the crypto space exempt from the licensing as it's not "fiat"
and if a licence is needed would i need one for each country i want my site to be used in or just one in general?
i realize this might be a nooby question but i wanted to ask as i don't know much about the legal side of the gambling scene.
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