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UKGC chief warns crypto gambling could challenge UK regulation

Regulation

UK Gambling Commission chief executive Andrew Rhodes said at the IAGR 2025 Conference that cryptocurrency gambling is not permitted for UK-licensed operators but is already widespread in the illegal market. He said the issue could become more pressing within 12 to 24 months, citing concerns over tracing funds and preventing money laundering and terrorist financing.

The UKGC says illegal crypto gambling poses fund-tracing and financial-crime concerns for operators and policymakers.

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Regulation

UK commentary warns crypto gambling could aid illegal market

An opinion column on a British betting industry site argued that cryptocurrency use presents a growing challenge for UK gambling regulation. It cited UK Gambling Commission chief executive Andrew Rhodes’s warning that crypto could become a challenge within 18 months to two years, and described a report commissioned by Deal Me Out that linked crypto payments to illegal offshore gambling networks.

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