I'm curious about the legality of gambling on the blockchain. Do they need to satisfy any regulations to set this up and make accessible to everyone?
Proud member of #powerhousecreatives
I'm curious about the legality of gambling on the blockchain. Do they need to satisfy any regulations to set this up and make accessible to everyone?
Proud member of #powerhousecreatives
Normally they should. But most of them don't care about it! Some do have official gambling licenses but most are operating in a grey zone!
As long as cryptocurrency isn't an official currency they will get away with it, I think!
Cheers,
Peter