Australia's ban on crypto casinos came into force last month-but there is rapid growth in these top 10 countries

• Australia has banned the use of cryptocurrencies in online gambling
• The ban on June 11th came into force with the introduction of the Interactive Gambling Amendment (Credit and other Measures) Bill 2023
• in other countries, including the USA and Great Britain, crypto casinos are becoming increasingly popular.

It is inevitable that the acceptance of cryptocurrencies increases.

However, different countries and jurisdiction pursue different approaches to regulating cryptocurrencies, including their use as a payment option in online casinos.

For example, Australia, one of the countries in which cryptocurrencies are quickly accepted, banned the use of cryptocurrencies and credit cards bound to digital assets on online gambling sites. The ban came into force last week.

But are there other countries in which the use of cryptocurrencies in online casinos is legally or is allowed as part of the existing gambling laws?

Australia prohibits cryptocurrencies for online gambling

for the Australian gaming industry, a new era occurred last week with the implementation of a state ban on the use of cryptocurrencies in online betting.

Australia has also banned the use of crypto-bound credit cards, which means that it is prohibited online casinos to accept deposits of credit cards that are linked to digital wallets.

The ban came into force after 2023 a corresponding draft law was passed in the House of Representatives and in the Senate, which introduced the country's Interactive Gambling Act 2001. As a result, Australia's traditional and online gambling sectors were brought into harmony, with both of which the acceptance of cryptocurrencies is prohibited.

According to the authorities, the restriction of crypto use in the gambling market should promote responsible gambling and address financial risks. However, gambling remains legal and all traditional payment methods are allowed.

The law provides for high fines; If non -compliance, a fine of up to 234,750 Australian dollars can threaten.

While you can no longer play online with your cryptocurrency in Australia, there are several countries in which crypto casinos are legal. Some countries also allow offshore casinos to accept Bitcoin and cryptocurrencies, which illustrates the developing landscape of crypto regulation.

Here are the top 10 of the countries in which Bitcoin and other cryptocurrencies are popular and legal and are increasingly accepted in crypto casinos.

United states

While the crypto regulatory landscape in the United States is developing, it is remarkable that cryptocurrencies are legal. However, their use in gambling varies from state to state. As far as offshore casinos are concerned, the landscape is predominantly "gray", since many online crypto-casino websites have terms and conditions that exclude players from the USA. However, no KYC means that everyone can access these mostly reliable, offshore-regulated online casinos.

Great Britain

cryptocurrencies are legal in the United Kingdom, where the gambling market is one of the most popular in the world. Several providers offer online casinos and betting sites, but the gambling commission carries out a strict regulatory supervision.

Only licensed casinos can be operated, and the regulations for money laundering control and KYC apply. One of the top sites is 10bet online Krypto casino