Licensed U.K. Online Gambling Operator Accepts Bitcoin Payments

NetBet recently announced that it has turn a initial U.K. protected online gambling user to accept bitcoin payments to a U.K. customers.

As a U.K.’s largest heading betting operator, NetBet has motionless to start usurpation a digital currency, bitcoin, in an try to strech a expanding patron bottom that uses bitcoin in a U.K., reports gambling news site, Calvin Ayre.

Bitcoin slotBitcoin slot

Bitcoin accepted!

In August, a U.K. Gambling Commission (UKGC) announced that it sees digital currencies as an homogeneous to cash that licensees could accept as payment. In a new chronicle of a License Conditions and Codes of Practice (LCCP), it enclosed a new changes per payment-related issues.

It is hoped that this will assistance boost recognition and boost adoption for digital currencies such as bitcoin opposite a U.K.

BitPay Helps NetBet

As a use of digital currencies is still comparatively new in a gambling industry, bitcoin remuneration use provider, BitPay, has suggested that it helped NetBet to safeguard that they met a UKGC’s regulatory requirements.

According to a BitPay blog, NetBet business will now have a ability to fill adult their online comment with

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