TechFlow news: The Australian government has banned gambling websites from accepting cryptocurrency and credit card payments, with non-compliant companies facing fines of up to $155,000.
The new regulations prohibit the use of digital currencies such as Bitcoin for online gambling in Australia, although lotteries are exempt from this restriction. Gambling regulators have also been granted expanded enforcement powers. The ban is being described as an important measure to protect customers, helping individuals better control their gambling behavior.
Add to Favorites
Share to Social Media
