COINS ACCEPTED BY CRYPTO-GAMBLING SITES Source: GBGC analysis TAKING ADVANTAGE OF REGULATORY RESTRICTIONS One reason for the recent growth in crypto gambling has been the internet gambling regulations introduced by various jurisdictions, especially in Europe. Germany, for example, finally launched its new iGaming regulations in July 2021, after a sixmonth transition period. The regulatory structure includes: a tax rate based on turnover, a customer spending cap of €1,000 per month, and a staking cap of €1 per spin for online slots. This combination of measures makes it difficult for operators to earn a profit in the German market and limits the activity of high-spending customers. But Germany is not alone in introducing such measures. Sweden used the COVID-19 pandemic in 2020 to impose online casino deposit limits, gambling session time limits and bonus limits. These measures were meant to be temporary, but the Swedish government extended the restrictions twice, and they will now run until at least November 2021. Bitcoin Bitcoin Cash Cardano Dai Dash Dogecoin EOS Etherium Litecoin Monero Ripple Stellar Tether Tron USD Coin Zcash 0 2 4 6 8 10 12 14 Illustrations by Yuzach/Shutterstock and Andrew Krasovitckii/Shutterstock 29 G P W A t i m e s . o r g
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