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  1. #1
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    Default US to Regulate Bitcoin for Online Gaming?

    It was reported today that United States legislators are introducing a bill in September to regulate cryptocurrencies such as Bitcoin to be used in online gaming.

    Perhaps this could be the beginning of the United States government, and hopefully others, follow Japan and recognize cryptocurrencies.

    To read more: https://www.gamblinginsider.com/news...-online-gaming

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    As long as everyone understands, (most likely - but speculation on my part) the FIRST thing that will likely take place is forcing exchanges to follow KYC rules in order to do business in or with US Residents. At least that is what makes the most sense.

    Rick
    Universal4

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    Well, that was underwhelming. No sources. No specifics. Not even the names of the "libertarian republicans" (whatever that is, those are two different and quite distinct political parties) who introduced said bill. Don't get your hopes up for whatever this is alluding to. It isn't going to happen.
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  7. #4
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    Quote Originally Posted by universal4 View Post
    As long as everyone understands, (most likely - but speculation on my part) the FIRST thing that will likely take place is forcing exchanges to follow KYC rules in order to do business in or with US Residents. At least that is what makes the most sense.

    Rick
    Universal4

    KYC is already implemented into exchanges. Regulating bitcoin further then that is going to be VERY hard.

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