The Gambling Commission has opened discussions on how crypto assets could potentially be used as a payment method by UK-licensed gambling operators.
Speaking at today’s Betting and Gaming Council AGM in London, UKGC executive director Tim Miller said the Commission had asked its Industry Forum to explore what a “sensible” pathway might look like for allowing crypto to be used as a consumer payment option, subject to existing licensing objectives.
The move follows the government’s introduction of The Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2025, which were recently laid before Parliament.
If approved, the regulations would bring crypto asset activities within the Financial Conduct Authority’s (FCA) regulatory remit.
