While the gambling industry actively implements the possibility of depositing and withdrawing funds via crypto, Italian laws remain strict on this point. Transactions via Bitcoin and other currencies of the decentralized financial system can’t be tracked and are anonymous, which is a benefit for many casino lovers. However, AAMS licensing, which guarantees the legality of a gaming establishment in Italy, prohibits crypto usage.
The thing is that cryptocurrencies are often used for money laundering and other illegal operations. The Italian government aims to minimize them. Therefore, strict control over funds and transactions is a necessity. ADM doesn’t consider blockchain technology a reliable system for payments in online casinos since multiple instances of fraud have occurred. Let’s see all the peculiarities of such regulations in the country.
Exploring Global Crypto Adoption in Online Gambling
Cryptocurrencies are among the most widely used currencies for casino payments. It i
We współpracy z: https://www.thecoinrepublic.com/2023/09/12/exploring-the-absence-of-crypto-on-italian-aams-online-casino/
