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CoinOtag 2024-06-12 03:07:54

Australian Government Bans Bitcoin and Other Cryptocurrencies for Online Gambling

The Australian government has instituted a prohibition on the use of cryptocurrencies and credit cards for online gambling, striving to curtail the financial losses of its citizens. The decision aligns the regulation of online gambling with existing restrictions on land-based gambling, with certain exceptions for lottery payments. Industry leaders warn that inconsistent regulations might push

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