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UK Gambling Commission remains open to discussion on crypto payments

Regulation

The UK Gambling Commission remains open to discussing cryptocurrency payments in the licensed gambling sector, according to a report. Its director of enforcement, John Pierce, reportedly suggested stablecoins could provide an entry point for the technology.

The Commission’s position may inform licensed operators’ discussions about whether crypto payments could be used in the UK.

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Enforcement & compliance

QuinnBet agrees £609,104 settlement with UKGC over regulatory failures

QuinnBet (Gibraltar) Limited will pay £609,104 under a regulatory settlement, the UKGC said on 20 August 2026. The regulator identified anti-money laundering and social responsibility failures, including inadequate checks on customer funds and ineffective monitoring of gambling harm. The UKGC said QuinnBet took immediate action to improve its controls.

QuinnBet (Gibraltar) Limited, which operates quinnbet.com, is to pay £609,104 as part of a settlement with the UKGC, the regulator said on 20 August 2026. The UKGC said an investigation found anti-money laundering and social responsibility failures at the business.

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