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UK Gambling Commission Eyes Crypto for Regulated Betting by 2027

2/27/2026

Summary

Story summary

The UK Gambling Commission (UKGC) is exploring cryptocurrency payments for licensed gambling services.
Tim Miller, the UKGC's executive director, announced at Betting and Gaming Council's meeting that the plan aligns with the Financial Conduct Authority (FCA), whose digital-asset rules are expected to be finalized this year.
Miller emphasized mitigating risks from illegal gambling sites while integrating cryptocurrencies into regulated markets.
The regulations are anticipated to take effect by late 2027.

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Story summary

The UK Gambling Commission (UKGC) is exploring cryptocurrency payments for licensed gambling services.
Tim Miller, the UKGC's executive director, announced at Betting and Gaming Council's meeting that the plan aligns with the Financial Conduct Authority (FCA), whose digital-asset rules are expected to be finalized this year.
Miller emphasized mitigating risks from illegal gambling sites while integrating cryptocurrencies into regulated markets.
The regulations are anticipated to take effect by late 2027.