UK Gambling Commission Explores Licensed Crypto Payments
The UK Gambling Commission has directed its Industry Forum to examine a “sensible” route for UK-licensed operators to accept cryptoasset payments, marking the first formal regulatory step toward integrating digital currencies into the regulated gambling ecosystem. Executive Director Tim Miller described the initiative as “tentative” but necessary, citing the government’s forthcoming Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2025, which will bring crypto custody, exchange, and related services under Financial Conduct Authority oversight from 25 October 2027.