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Bitcoin Casinos in United Kingdom: Legalities & Regulations

Dec 26, 2017 Admin Regulation
Country
United Kingdom

Bitcoin is getting stronger by day. What was once a non-viable online currency has scaled the heights and is set to revolutionize online transactions including gambling. This electronic currency only exists in virtual world and it is not controlled by any financial authority or government. Given its anonymous nature, it has led to an explosion of underworld online activities mainly transacted through crypto-currencies. 

According to www.gamblingkingz.co.uk, many Britons indulge in bitcoin gambling because it attracts minimal transaction fee and can be done within the shortest time possible. UK bitcoin casinos are also known to offer special games known as “Provably fair games” to bitcoin players hence the fuss. And of course, bitcoin casinos guarantee complete anonymity and are secure.

Bitcoin casino is one of the most exiting industries in the UK, many gambling sites like Arcades, Sportsbook, Lotteries among others are actively in operation. Nevertheless, there are a number of...


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