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www.bestbitcoincard.com

Casino BTC

Casino gambling has always been fun, and a nerve-wracking way for people to win some cash by taking some risks. For years, the gambling industry has developed into something that now caters to all kinds of demographics.

Back in the days, casino gambling was one of those habits that were deemed inappropriate and illegal. Fast forward to today’s world, gambling now appeals to everybody. It’s even considered a legit profession already!

The world of gambling will continue to change as the days go by. As of now, we are seeing a new age of casino gambling in the form of Bitcoin casinos. Such casinos are all over the internet nowadays. If you want to play casino games with real money (or digital money), then the best way to do so is to play at any reliable Bitcoin casino. But before you do, you need to change your money to bitcoin.

Why are Bitcoin casinos popular these days?

poker-570705_1920Bitcoin online gambling has seen some success in the past couple of years and it looks like it’s not going anywhere any time soon. The reason behind the success of Bitcoin casinos is people’s desire to play in an anonymous manner.

And that is exactly what Bitcoin casinos can provide – a gaming platform where you can confidently play your favourite casino games without worrying about hacking problems or spying practices. Since Bitcoin is a cryptocurrency – which basically means it’s a digital currency, players can benefit from highly secured digital wallets which are extremely difficult to hack through.

As a matter of fact, Bitcoin casinos are not only popular in the digital world. People who play at the actual casinos are now starting to transition from playing on Bitcoin online casinos. Even people who don’t usually play casino games are gauging interest in Bitcoin casino gambling!

And also the Porn industry discovered the attraction of Bitcoin payments. At the moment, VR Porn is starting a revolution in Porn – and VR Porn for Bitcoin is of course one of the most popular payment methods. Heres a list of Bitcoin VR Porn enabled studios.

The legality of Bitcoin casino gambling

url3Like traditional casino gambling platforms and establishments, Bitcoin casinos also undergo strict regulations before they can even operate, comparable to or maybe even more strict than regulation processes for cryptocurrency brokers, which are the international trade markets for BTC and altcoins. Although there are Bitcoin casinos out there that continue to operate without legal permits, you can certainly get the most out of the experience by playing at a properly regulated casino.

The regulations and legality of Bitcoin gambling also varies by country to country. Unfortunately, most governments still don’t recognize the legality of Bitcoin casinos even if they are properly regulated by a regulatory body. The reason behind for the snub is the concern for money laundering activities, which are rampant in online gambling platforms and not just in Bitcoin casinos.

Crypto Casino legality around the world:

Let’s take a look at how countries and their government deal with the operations of online casinos.

Bitcoin Casinos in the United States

The US government imposes strict rules and regulations for operators to be able to start operating gambling sites. Many traditional gambling websites have already been shut down by the US government. Online gambling is generally not illegal in the US, however, states and cities can opt to block or restrict online gambling sites in their respective jurisdictions.

Many players ignore the state laws and gamble anyway. They make use of a VPN service to mask their actual locations with a fake one. This is also one reason why most Bitcoin casino sites are based outside the United States.

The US’ hesitation to fully accept Bitcoin gambling, and even the Bitcoin currency altogether is pushing Bitcoin casino operators to base out in other countries.

Bitcoin / BTC Casinos in Europe

game-bank-1003148_1920A lot of Bitcoin casinos are located in Europe because they are having difficulties operating and getting regulated in the United States.

Although the US is basically where most Bitcoin users are located in, the European market is catching up already so it’s a win-win situation for Bitcoin casino operators.

UK on the other hand has heavy regulations when it comes to gambling operations.

The European country requires operators to get an appropriate license and be properly regulated to be able to operate in the UK.

One of the most popular Bitcoin casino platforms that are based in Europe specifically in Curacao is Bitcasino.io


Bitcoin / BTC Casinos in Latin America

cube-949116_1920Bitcoin transactions in Latin America has drastically increased as well which indicates that the adoption of the cryptocurrency in the region is generally good.

In terms of the legality of Bitcoin casino gambling, online gambling is legal in most Latin American countries.

Among the countries that have good regulations on Bitcoin casino gambling are Brazil, Panama, Argentina, Chile, and Columbia. Meanwhile, Mexico requires that casino operators have to partner with Mexican companies to be issued a permit to operate an online gambling casino in the region.

Mexico has a very competitive gambling industry which means that there is a solid market in the region.

Of course, Bitcoin casinos who operates worldwide can also take advantage of putting up its headquarter in Mexico because of the ease of getting regulated, not to mention the labour there is cheap.


Bitcoin /BTC Casinos in Asia

roulette-1253621_1920Most Asian countries follow strict customs and traditions and are often viewed as conservative in many aspects. Since most Asian countries have strong religious beliefs, the act of gambling is often banned. Some of the countries that completely ban gambling as a whole are Japan, Indonesia, and Singapore.

Meanwhile, there are also countries that do allow online casino operators to operate in their jurisdictions. Macau for example allows land-based and online casinos and don’t even require licensing whatsoever.

Hong Kong, the Philippines, and India allow gambling but are extremely regulated by the government. Land-based casinos are legal in Korea, but impose strict guidance for operators wanting to setup an online casino platform.

Beware of BTC Casinos that are not regulated

The purpose of gambling regulation is for the government to see which operators are legit are which ones are scams. There have been numerous occasions already where Bitcoin casinos have suddenly closed down without refunding its users’ Bitcoins. Such Bitcoin casinos are often fraudulent sites that have very appealing offers such as 100% Bitcoin bonus, or double-you-money schemes.

That is why it is extremely important to check if the Bitcoin casino you intend to play on is a legit operator with proper licensing and regulation permits.

The future of Bitcoin gambling

There is no doubt that Bitcoin casinos are here to stay. With the kind of cyber space we have right now, it’s definitely a good idea to keep everything anonymous. And Bitcoin casino gambling gives such perks. If you want to play and gamble online, definitely opt for legit Bitcoin casinos to play on.