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UKGC chief warns crypto use could test gambling rules within two years

Regulation

UK Gambling Commission chief executive Andrew Rhodes warned at the IAGR 2025 Conference that rising cryptocurrency use among younger consumers could pose a regulatory test within the next two years. Licensed UK operators cannot offer cryptocurrency-based gambling, while Rhodes cited concerns about tracing funds and risks of money laundering and terrorist financing.

Operators must account for the current prohibition and the regulator’s concerns as policy debate develops.

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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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