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As mentioned in the section above, the US law doesn’t ban or regulate crypto gambling on a federal level. In short, crypto gambling is neither prohibited nor allowed in many countries at the moment. Therefore, gambling companies should ensure that they stay up to date with any relevant regulations. Gambling companies accepting virtual currencies need to ensure they comply with all the requirements of the countries they operate in. To help with this task, Sumsub has prepared this article to discuss crypto gambling regulations in the US, UK, and Canada, with examples from several countries. Cryptocurrencies are being used in a growing number of industries and gambling is no exception.
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The history of crypto slots started with the first crypto casino, SatoshiDice, in 2012. Ever since, crypto casinos have been springing up like mushrooms, each coming out with a portfolio of exciting slot games. You may go for traditional financial methods such since credit and debit card options like Visa, Mastercard plus many others to transfer funds directly into your account.
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