{"id":74356,"date":"2026-03-01T02:31:38","date_gmt":"2026-03-01T02:31:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=74356"},"modified":"2026-03-01T02:31:38","modified_gmt":"2026-03-01T02:31:38","slug":"crypto-at-the-casino-uk-weighs-letting-online-bettors-pay-with-digital-currency","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=74356","title":{"rendered":"Crypto At The Casino? UK Weighs Letting Online Bettors Pay With Digital Currency"},"content":{"rendered":"<div>\n<p>British gamblers searching for ways to bet with cryptocurrency are more likely to end up on an illegal website than a regulated one. That is part of what prompted the UK Gambling Commission to start asking whether something needs to change.<\/p>\n<p>Tim Miller, the regulator\u2019s executive director for research and policy, told an industry gathering in London last Thursday that the Commission now wants to look seriously at allowing crypto to be used as a <a href=\"https:\/\/www.gamblingcommission.gov.uk\/news\/article\/bgc-agm-2026-tim-miller-speech\" target=\"_blank\" rel=\"noopener nofollow\">payment method<\/a> at licensed online gambling platforms in Great Britain.<\/p>\n<h2>Illegal Sites Are Driving The Conversation<\/h2>\n<p>Miller\u2019s case for taking another look at crypto payments was not built purely on demand, though he acknowledged that appetite among bettors is growing. He made the remarks during the Betting and Gaming Council\u2019s annual general assembly.<\/p>\n<p>The more pointed argument was about where that demand currently goes. According to <a href=\"https:\/\/www.gamblingnews.com\/news\/ukgc-eyes-crypto-payments-amid-new-cryptoasset-regime-proposals\/\" target=\"_blank\" rel=\"noopener nofollow\">reports<\/a>, Miller told attendees that crypto ranks among the two most common search terms that lead British gamblers straight to unregulated, illegal sites.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-667059\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_2e4971.png?resize=1024%2C497\" alt=\"\" width=\"1024\" height=\"497\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_2e4971.png?w=1299 1299w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_2e4971.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_2e4971.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_2e4971.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_2e4971.png?w=130 130w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_2e4971.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_2e4971.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Blocking crypto from licensed platforms, in other words, may be sending consumers somewhere far less protected rather than discouraging them altogether.<\/p>\n<p>That framing marks a shift. For years, the default position from regulators has been that <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-27\/uk-gambling-watchdog-to-weigh-allowing-punters-to-pay-in-crypto\" target=\"_blank\" rel=\"noopener nofollow\">crypto and gambling<\/a> together create too much risk. Miller\u2019s comments suggest the Gambling Commission is now weighing whether the bigger risk is doing nothing.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-667063\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_0d7118.avif\" alt=\"\" width=\"1024\" height=\"576\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_0d7118.avif 3000w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_0d7118.avif?resize=640,360 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_0d7118.avif?resize=768,432 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_0d7118.avif?resize=980,551 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_0d7118.avif?resize=1536,864 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_0d7118.avif?resize=2048,1152 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_0d7118.avif?resize=750,422 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a_0d7118.avif?resize=1140,641 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>No deadline was attached to the review. Miller said he had asked the Industry Forum \u2014 an advisory group made up of representatives from across the gambling sector \u2014 to map out the available options.<\/p>\n<p>Whatever path is chosen, he made clear it would come with strict conditions. Affordability checks, suitability assessments, and full compliance with UK gambling rules would all still apply. Accepting crypto would not give casinos any special treatment or exemptions.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/kxSn7Qmb\/\" width=\"1835\" height=\"951\"><\/p>\n<h2>A Bigger Regulatory Framework Sets The Timeline<\/h2>\n<p>The Gambling Commission\u2019s <a href=\"https:\/\/igamingbusiness.com\/crypto-gambling\/gambling-commission-to-consider-allowing-cryptoasset-payments\/\" target=\"_blank\" rel=\"noopener nofollow\">exploration<\/a> does not exist in isolation. Any move toward crypto payments at licensed venues would be tied directly to the Financial Conduct Authority\u2019s new crypto oversight framework, which is currently being finalized.<\/p>\n<p>According to reports, the FCA is expected to wrap up its consultation process in March, with the full regime set to take effect in October 2027. Companies wanting to operate under the new rules will need to seek authorization from the FCA, with the application window expected to open in September 2026.<\/p>\n<p>Crypto firms that miss that window face a more restricted path. Reports say they would be allowed to continue running existing products under transitional rules but would not be permitted to roll out new offerings until full authorization is granted.<\/p>\n<p><em>Featured image from Pexels, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>British gamblers searching for ways to bet with cryptocurrency are more likely to end up on an illegal website than a regulated one. That is part of what prompted the UK Gambling Commission to start asking whether something needs to change. Tim Miller, the regulator\u2019s executive director for research and policy, told an industry gathering [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-74356","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74356"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74356\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}