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The UK Gambling Commission considers allowing cryptocurrency payments for bets
Odaily Planet Daily reports that the UK Gambling Commission plans to explore the possibility of allowing gamblers to use cryptocurrencies to place bets. This move aligns with the UK’s ongoing digital asset regulatory framework. According to Tim Miller, Director of Research and Policy Implementation at the Gambling Commission, during a speech on Thursday, as the UK Financial Conduct Authority (FCA) is expected to establish cryptocurrency regulations by 2026, gambling companies may become one of the entities applying for crypto licenses under the new regulatory system.