- A new UK gambling white paper revealed recent changes to gambling regulations.
- The document was expected to reveal the legislation’s impact on crypto.
- The Gambling Commission will continue its current monitoring of the crypto-gambling sector.
As the UK pushes for sweeping regulation in the crypto space, a segment of the crypto industry is paying attention to an adjacent legislative initiative. Britain’s new gambling reform white paper has been released, providing an updated framework for the gambling industry.
Crypto firms are closely examining how the new regulation would impact crypto in gambling. Despite the growing popularity and innovation in online crypto games, the regulation appears to leave crypto assets untouched.
Crypto Regulations Unchanged in New Gambling White Paper
The landmark 244-page document, which outlines the proposed reforms for the gambling sector, is the first of its kind…