UK Gambling Commission Eyes Crypto Integration to Retain Bettors on Licensed Platforms

The UK Gambling Commission (UKGC) is actively investigating methods to incorporate cryptocurrency payments for betting. This initiative directly responds to a growing consumer trend, as research indicates that many bettors are seeking out unlicensed gambling sites specifically to use digital currencies like Bitcoin (BTC) and Ethereum (ETH). The regulator's primary goal is to understand this demand and explore secure, regulated pathways for crypto use. By potentially allowing licensed operators to accept crypto, the UKGC aims to enhance consumer protection, keep gambling activity within the legal framework, and curb the migration to unregulated markets. This move signals a significant step towards modernizing the UK's gambling industry in line with digital asset adoption.