Saturday, October 25, 2025
  • About
  • Write for us
  • Contact
Today News
  • Business
  • Tech
    Dual-monitor setup on a desk shows code on one screen and a chat application on the other. Headphones and a smartphone are nearby, suggesting productivity.

    How Real-Time Technology Is Shaping the Future of Digital Entertainment

    Belitsoft Explains Why UK-based Companies Nearshore Bespoke .NET Development

    Belitsoft Explains Why UK-based Companies Nearshore Bespoke .NET Development

    How Smart Viewers Are Changing the Way They Watch TV

    How Smart Viewers Are Changing the Way They Watch TV

    Two people work at computers with code visible on the screen, set in an office with a focused atmosphere. One wears a striped shirt; the other has glasses.

    Unlocking Success: Why IT Support Matters for Business

    Advanced pump technology enhances sustainability in shipping

    Advanced pump technology enhances sustainability in shipping

    Bridging Data, Marketing and Research: An Interview with Raabia Riaz

    Bridging Data, Marketing and Research: An Interview with Raabia Riaz

    Mobile App Testing

    Exploring the Importance of Mobile App Testing

    AI

    The Four Steps That Make AI Systems Trustworthy (According to Federal Standards)

    How to Choose the Right Analytics Tools to Improve Your Payment Workflow

    How to Choose the Right Analytics Tools to Improve Your Payment Workflow

  • Consumer
    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Craving Connection: Why Food Gifting Is the New Love Language

    Craving Connection: Why Food Gifting Is the New Love Language

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to adjust glasses at home – a step-by-step guide!

    How to adjust glasses at home – a step-by-step guide!

    Why quality toilet cubicle hardware matters

    Why quality toilet cubicle hardware matters

    Common Mistakes in KYC Identity Verification

    Common Mistakes in KYC Identity Verification

    Consumer habits

    British Furniture Market Sees Significant Changes in Consumer Preferences

    Why are high-street bookmakers declining in the UK?

    Why are high-street bookmakers declining in the UK?

    Straps for smartwatches: The Complete guide

    Straps for smartwatches: The Complete guide

  • Finance
    The Benefits of Accepting Crypto Payments in E-Commerce

    The Benefits of Accepting Crypto Payments in E-Commerce

    Dogecoin Adoption Never Stopped Soaring

    Dogecoin Adoption Never Stopped Soaring

    Hand holding a key over a table with Euro banknotes scattered and a calculator nearby, suggesting themes of finance, investment, or real estate.

    How Brokers Can Help You Compare Loans in Denmark and Save on Interest

    MPs Continue Push For Gambling Tax Increase

    MPs Continue Push For Gambling Tax Increase

    Is Britain Ready for a Digital Pound? The Cybersecurity Battle You Haven’t Heard About

    Is Britain Ready for a Digital Pound? The Cybersecurity Battle You Haven’t Heard About

    Smartphone displaying stock graphs is on a desk with a keyboard and mouse in front of a computer monitor. The setting feels modern and tech-focused.

    FTX Unwind Continues: $1.6B Payout Signals Progress Amid Market Uncertainty

    Solana Crypto Casino: Why Speed Isn’t Just a Feature – It’s the Foundation

    Solana Crypto Casino: Why Speed Isn’t Just a Feature – It’s the Foundation

    How workplace pensions have changed in the UK

    How workplace pensions have changed in the UK

    Computer monitor, calculator, keyboard, mouse, smartphone, and wireless earbuds on a pink surface, creating a modern and tech-focused scene.

    Surprising Tools That Can Help You Manage Your Money

  • Environment
    Aerial view of London shows Thames River, bridge, and cityscape with modern and historic buildings

    Why Air Pollution Control Systems are Important

    Five Ocean Discoveries That Could Change How We See the World

    Five Ocean Discoveries That Could Change How We See the World

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Environmental Benefits

    What Are The Environmental Benefits Of Choosing Eco-friendly Rubbish Removal In Croydon?

  • Property
    Why louvered pergolas are popular in the UK

    Why louvered pergolas are popular in the UK

    Septic Tank Emptying: How Often Is It Really Needed?

    Septic Tank Emptying: How Often Is It Really Needed?

    urban design

    Good Urban Design is not a Luxury; it is a Necessity

    Hand holds a keychain with a house-shaped pendant and keys, symbolizing home ownership. The background shows a blurred, warmly lit interior.

    The Importance of Getting the Best Deals for Your Home

    From Classic to Contemporary: A Guide to Your Home’s Door Options

    From Classic to Contemporary: A Guide to Your Home’s Door Options

    Orange and white Mediterranean buildings with blue railings under a clear sky in Limassol, Cyprus. The bright colors and sunny day evoke a cheerful, tranquil vibe.

    Modern vs Traditional: The Range of Houses for Sale in Limassol

    Real Estate in Dubai

    Real Estate in Dubai: Strategic Investment Insights for 2025

    Safe asbestos management for homeowners

    Safe asbestos management for homeowners

    Angular, metal sheet wall with diamond patterns behind a dark railing, conveying an industrial feel. The texture is reflective and geometric.

    7 Design Concepts That Use Decorative Metal Sheets

  • eCommerce
    The Live Shopping Market has Surged to $32bn

    The Live Shopping Market has Surged to $32bn

    Winning PPC Strategies for E-Commerce Brands

    Winning PPC Strategies for E-Commerce Brands

    SEO Agencies

    How To Audit Your Ecommerce Site Structure SEO? A complete Step-by-step Guide for Beginners

    Ecommerce Platform

    What Makes a Global Ecommerce Platform User-Friendly

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    The Importance of Digital Valuations for UK Ecommerce Brands

    The Importance of Digital Valuations for UK Ecommerce Brands

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    Amazon Expert

    Amazon Expert: Key Qualifications to Look For

No Result
View All Result
Today News
Home Finance

Crypto Gambling in the UK: What Players Need to Know

David Prior by David Prior
April 26, 2024
Reading Time: 4 mins read
Crypto Gambling in the UK: What Players Need to Know
698
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

The gambling industry has seen a dramatic shift ever since cryptocurrencies were invented. As cryptocurrency becomes more mainstream, interest in crypto gambling platforms has increased. However, for players to navigate this new gambling ecosystem, understanding relevant legal and regulatory requirements has become important. 

Not only do crypto casinos give players more options, but, according to 99Bitcoin’s Alexender Reed, they also allow cryptocurrency casino online betting sites and operators to avoid strict restrictions, making them a popular option for online wagering in the UK. In this article, we’ll take a look at important crypto regulations in the UK that promote safe gambling practices that players need to know about. 

Related posts

The Benefits of Accepting Crypto Payments in E-Commerce

The Benefits of Accepting Crypto Payments in E-Commerce

October 20, 2025
477
Dogecoin Adoption Never Stopped Soaring

Dogecoin Adoption Never Stopped Soaring

October 17, 2025
49

Licensing Requirements for Crypto Casinos in the UK

Gambling sites like Bitcoin casinos have become popular due to their quick payouts. However, if these platforms want to operate in the UK they need to meet the strict criteria set by the UK Gambling Commission (UKGC). Let’s see what requirements crypto casinos have to meet so they can get a license:

UKGC Licensing Requirements: The licensing requirements set by the UKGC need crypto casinos to ensure that their platforms are fair and safe for all consumers. To meet these requirements the UKGC has enacted rules covering various aspects of their business

practices. These rules include the need for crypto casinos to have extensive anti-money laundering compliance programs to ensure that all payments are processed transparently and securely. Crypto gambling sites are also required to prove the trustworthiness and legitimacy of their payment mechanisms to this regulating body. When accepting crypto assets these gambling sites need to know where they originate from.

Legal Status in the UK: There aren’t any laws that directly address crypto gambling legality in the UK at the moment. However, this still shouldn’t prevent crypto casinos from seeking gambling licenses in the UK.

Crypto Assets and Funding

The Treasury has declared that they plan to robustly regulate crypto asset activities in their entirety to provide more clarity and confidence to all businesses and consumers who are involved or who plan to transact in crypto. This is great news as crypto assets are starting to be a popular payment method that consumers want to use to fund their gambling accounts. Currently, consumers are facing challenges when it comes to evidencing their source of funds thus making their use a gray area. Here are some important points you’ll need to consider before betting with crypto:

Crypto Asset Usage in Funding: Bitcoin, Ether, and other crypto assets are being used more frequently to fund gambling accounts because of their global accessibility, security, and speed. However, regulators are worried about issues concerning regulatory compliance which is why they only recommend using licensed services.

Evidencing Source of Funds: Players usually find it hard to prove the legitimacy of their crypto-asset-derived funds. That’s because crypto assets don’t have a centralized record, unlike fiat currency which makes tracing their origins harder but not impossible. 

Tax Implications

There aren’t any levies associated directly with both gambling and crypto assets in the United Kingdom but those who gamble with crypto may still be liable to pay Capital Gains Tax (CGT) and Income Tax. Let’s see how below:

CGT: All profits that exceed the £6,000 tax-free allowance will get taxed when cashing out your crypto. Should your gains exceed this threshold you’ll have to pay a 10% or 20% tax on your winnings. However, how much money you win plays a role as people who earn less than £50,270 pay 10%, while those who win a higher amount or who pay additional or higher tax rates will pay 20%.

Income Tax: Crypto winnings over the £12,570 personal allowance tax rate band are subject to income tax. Should your winnings go over this amount expect to pay between 20% and 45%, depending on how large the winnings are and the levies associated with the income band you fall under.

Responsibility for Third Parties

UKGC regulations largely hold their licensees accountable for the actions of the third-party services they may use to market, manage, or handle their crypto casino finances. Let’s see how this protects players:

Social Responsibility Code 1.1.2: Licensed crypto gambling sites are required to stick to this code which names their duties towards all third-party service providers they may use to manage their platforms to ensure ethical conduct, transparency, and fairness.

Due Diligence for White Label Arrangements and Marketing Partners: Once crypto casinos get licensed in the UK they are expected to have thorough due diligence procedures for third parties they plan on entering white label agreements with. This helps with ensuring that these providers align with responsible gambling principles.

Responsible Financing Practices: Licensed crypto casino owners must also ensure that the third-party service providers they use to handle their finances stick to the necessary ethical standards and financial regulations such as the Financial Services and Markets Act of 2023 which has new provisions regulating crypto assets.

For Expert Reviews of Gambling Sites that accept cryptocurrency, check out this resource, with the right information, you can make informed choices and enjoy a seamless crypto gambling experience.

David Prior

David Prior is the editor of Today News, responsible for the overall editorial strategy. He is an NCTJ-qualified journalist with over 20 years’ experience, and is also editor of the award-winning hyperlocal news title Altrincham Today. His LinkedIn profile is here.

Previous Post

eWallet Security: How To Protect Your Funds and Personal Information

Next Post

How Accounting Technicians Drive Business Strategy with Real-Time Reporting

Related Posts

The Benefits of Accepting Crypto Payments in E-Commerce
Finance

The Benefits of Accepting Crypto Payments in E-Commerce

October 20, 2025
477
Dogecoin Adoption Never Stopped Soaring
Finance

Dogecoin Adoption Never Stopped Soaring

October 17, 2025
49
Hand holding a key over a table with Euro banknotes scattered and a calculator nearby, suggesting themes of finance, investment, or real estate.
Finance

How Brokers Can Help You Compare Loans in Denmark and Save on Interest

October 13, 2025
522
MPs Continue Push For Gambling Tax Increase
Finance

MPs Continue Push For Gambling Tax Increase

October 13, 2025
395
Is Britain Ready for a Digital Pound? The Cybersecurity Battle You Haven’t Heard About
Finance

Is Britain Ready for a Digital Pound? The Cybersecurity Battle You Haven’t Heard About

October 8, 2025
396
Smartphone displaying stock graphs is on a desk with a keyboard and mouse in front of a computer monitor. The setting feels modern and tech-focused.
Finance

FTX Unwind Continues: $1.6B Payout Signals Progress Amid Market Uncertainty

October 8, 2025
433
Next Post
How Accounting Technicians Drive Business Strategy with Real-Time Reporting

How Accounting Technicians Drive Business Strategy with Real-Time Reporting

RECOMMENDED NEWS

What’s the cheapest car to insure for a 17-year-old?

What’s the cheapest car to insure for a 17-year-old?

3 years ago
676
Legal & General Modular Homes opens Portholme scheme in Yorkshire

Legal & General Modular Homes opens Portholme scheme in Yorkshire

4 years ago
545
Cardiff

3 Cardiff Businesses to Keep an Eye on This Year

2 years ago
404
NPO Eurasia Brings Together 500,000 People Through Victory 9/45 Events

NPO Eurasia Brings Together 500,000 People Through Victory 9/45 Events

5 months ago
642

BROWSE BY CATEGORIES

  • Business
  • Careers
  • Charity
  • Consumer
  • Culture
  • eCommerce
  • Education
  • Energy
  • Engineering
  • Entertainment
  • Entrepreneurs
  • Environment
  • Fashion
  • Finance
  • Food & Drink
  • Gaming
  • Gardening
  • Health
  • Insurance
  • Interiors
  • Legal
  • Leisure
  • Lifestyle
  • Manufacturing
  • Marketing
  • National
  • News
  • Opinion
  • Pets
  • Politics
  • Property
  • Sales
  • Sport
  • Sports
  • Tech
  • Transport
  • Travel
  • Uncategorized

BROWSE BY TOPICS

Agency AI autosmart banking Beauty business Christmas construction cyber security data digital Digital Marketing Services ecommerce entertainmnet finance fitness Forex health inflation insurance kitchen KYND lifestyle manchester music News north overseas Personal Injury Pharmaceutical Industry property Real Estate recruitment Sir Michael Morpurgo Skincare sports technology tourism travel UK vehicles Warkworth village watch workspace yorkshire

Latest news

Online UK’s Most Popular Online Casino Games​

Online UK’s Most Popular Online Casino Games​

October 25, 2025
The Best Travel Tips for Hot Weather

The Best Travel Tips for Hot Weather

October 24, 2025
Why louvered pergolas are popular in the UK

Why louvered pergolas are popular in the UK

October 24, 2025
Exploring the Muslim Spiritual Journey: Umrah Spiritual Journey – Faith & Reflection

Exploring the Muslim Spiritual Journey: Umrah Spiritual Journey – Faith & Reflection

October 24, 2025
Passivhaus

Passivhaus Certified Windows & Doors: The Key to an Energy-Efficient Home

October 24, 2025
Branded Pens

Branded Pens: Small, Affordable, and Unbelievably Effective

October 24, 2025
Egypt with Kids

Family Tour vs Self-Guided Trip: How to Explore Egypt with Kids

October 24, 2025
harry

The Rise of Striker Harry Kane: England’s Relentless Scoring Leader

October 24, 2025
How the Gaza Peace Deal Could Affect the UK: Foreign Aid and Immigration Concerns

How the Gaza Peace Deal Could Affect the UK: Foreign Aid and Immigration Concerns

October 24, 2025
Why Tear Trough Filler Is Becoming London’s Secret to a Refreshed, Youthful Look

Why Tear Trough Filler Is Becoming London’s Secret to a Refreshed, Youthful Look

October 24, 2025

Today News

  • About
  • Write for us
  • Contact
  • Privacy Policy

@2024 Rooftree Publishing Ltd

Today News in association with Kajino.com

Sign up for our newsletter




  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce

Recent News

Online UK’s Most Popular Online Casino Games​

Online UK’s Most Popular Online Casino Games​

October 25, 2025
The Best Travel Tips for Hot Weather

The Best Travel Tips for Hot Weather

October 24, 2025
No Result
View All Result
  • Home
  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce
  • Write for us
  • About
  • Contact