Gambling bitcoins to play online casino games became an up-and-coming trend in the UK. After all, no one would dare miss the perks of enjoying a casino gaming experience with anonymity, instant payment transactions, security, and provable fairness. However, these too good to miss offers bring lawfulness issues due to the uncertainties surrounding the legality of bitcoins in this state. Also, with the uncertainties of Bitcoin casino regulation, to boil this concern down, a question must be answered: ‘Is Bitcoin Casino Legit in UK?’
Most countries, just like the UK, still don’t have official stand regarding Bitcoin’s legitimacy, expressly with all sorts of Bitcoin casino scam that had surfaced in the industry. While still on the process of discussion and weighing pros as well as cons of Bitcoins, UK policy makers suggested that Bitcoin-based business would not have to register with regulators. However, this is only allowed while they are still considering their regulatory stand because once the final decision is made, everyone must follow specifically Bitcoin casino operators and the players new set of Bitcoin protocols.
In the meantime, Bitcoin casinos are allowed to operate and offer casino gaming with this digital currencies to their clients from all over the globe. The same goes with Bitcoin gamers based in the UK. They are permitted to gamble Bitcoins on various Bitcoin casinos online. With this setting, it is clear that Bitcoin casinos are legit in this state but “only for the time being” is brightly highlighted.
As of the moment, the answer to the question, ‘Is Bitcoin Casino Legit in UK?’ is definitely, but of course, this is only temporary. So while the discussion about Bitcoin’s status as a currency is ongoing, it is certainly clever to make the most of the time and have a taste of online casino gaming with Bitcoins. After all, the legality of one’s Bitcoin activity is based on the country you are in, who you are, and what you are doing with this digital currency.