Bitcoin gambling is not welcomed everywhere

While just a week ago we were surprisingly hit with the positive news coming from the UK’s gambling regulator, it still does not tell us that a similar pattern will happen in other European countries. Just a few days ago Malta Gaming Authority (MGA) has stated its opinion on bitcoin gambling – it is not welcomed by the authority. Unlike the United Kingdom Gambling Commission, that allowed online gambling portals to freely accept any type of crypto currencies as a mean of deposit, MGA seems to stay way behind the innovation. There are a few pro and against reasons for this.

Why bitcoin gambling should be allowed?

The answer this question actually is actually another question. Why it shouldn’t be allowed? If the governments of the world see the bitcoin as either the currency or a commodity, why people cannot be allowed to use this currency for bitcoin gambling online? Why should buying poker chips be any different from buying a cup of americano?

Next to this, currently European Union looks into developing its infrastructure of the payments. This is the main purpose of

Read more ... source: LiveBitcoinNews